The board of directors of The Timken Company, a global industrial leader in engineered bearings and power transmission products, approved a three percent increase to the company’s quarterly cash dividend, raising it to $.30 per share. The dividend is payable on June 3, 2021, to shareholders of record as of May 21, 2021.
The Timken Company has paid a dividend on its common shares every quarter since its listing on the New York Stock Exchange in 1922. The upcoming dividend represents 396 consecutive quarters, one of the longest-running dividend streaks among NYSE-listed companies.
Published in the June 2021 Edition
