NORTH CANTON, Ohio,
May 10, 2016 /PRNewswire/ -- The
board of directors of The Timken Company (NYSE: TKR;
www.timken.com), a global leader in bearings, today declared a
quarterly cash dividend of 26 cents
per share. The dividend is payable on June
2, 2016, to shareholders of record as of May 20, 2016.
This marks the 376th consecutive quarterly dividend
paid on the common shares of the company since The Timken Company
joined the New York Stock Exchange in 1922, one of the
longest-running dividend records among NYSE-listed companies.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) engineers,
manufactures and markets bearings, gear drives, belts, chain and
related products, and offers a spectrum of powertrain rebuild and
repair services. The leading authority on tapered roller bearings,
Timken today applies its deep knowledge of metallurgy, tribology
and mechanical power transmission across a variety of bearings and
related systems to improve reliability and efficiency of machinery
and equipment all around the world. The company's growing product
and services portfolio features many strong industrial brands
including Timken®, Fafnir®, Philadelphia
Gear®, Carlisle®, Drives® and
Interlube™. Known for its quality products and collaborative
technical sales model, Timken posted $2.9 billion in sales in 2015. With more
than 14,000 employees operating from 28 countries, Timken makes the
world more productive and keeps industry in motion.
Media Relations:
234.262.3514
mediarelations@timken.com
Investor Relations:
Shelly Chadwick, Vice President – Treasury &
Investor Relations
234.262.3223
shelly.chadwick@timken.com
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SOURCE The Timken Company