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Timken Declares Quarterly Dividend of 31 Cents Per Share

Time:14 Nov,2022
<p style="text-align: center;"><img src="/ueditor/php/upload/image/20221114/1668404441273122.png" title="1668404441273122.png" alt="3.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">The board of directors of The Timken Company (NYSE: TKR;&nbsp;www.timken.com), a global leader in engineered <a href="https://www.wswbearings.com/products/catalogue.html" target="_blank" style="color: rgb(0, 112, 192); text-decoration: underline;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px; color: rgb(0, 112, 192);"><strong>bearings</strong></span></a> and industrial motion products, today declared a quarterly cash dividend of&nbsp;31 cents&nbsp;per share. The dividend is payable on&nbsp;Dec. 2, 2022, to shareholders of record as of&nbsp;Nov. 21, 2022.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Timken has paid a dividend on its common shares every quarter since its listing on the New York Stock Exchange (NYSE) in 1922. The upcoming dividend represents 402 consecutive quarters, one of the longest-running dividend streaks among NYSE-listed companies. In addition, 2022 will mark the company&#39;s ninth consecutive year of annual dividend growth.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">About The Timken Company</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">The Timken Company&nbsp;(NYSE: TKR;&nbsp;www.timken.com)&nbsp;designs a growing portfolio of engineered bearings and industrial motion products. With more than a century of knowledge and innovation, we continuously improve the reliability and efficiency of global machinery and equipment to move the world forward.&nbsp;Timken posted&nbsp;$4.1 billion&nbsp;in sales in 2021 and employs more than 18,000 people globally, operating from 43 countries.</span></p><p><br/></p>
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