NORTH CANTON, Ohio,
Aug. 2, 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 Sept.
2, 2016, to shareholders of record as of Aug. 15, 2016.
This marks the 377th 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,
couplings, 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®, Lovejoy® and Interlube™. Known for
its quality products and collaborative technical sales model,
Timken posted $2.9 billion in sales
in 2015. With more than 15,000 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