Albany International Declares Dividend

Rhea-AI Summary

Albany International Corp. (NYSE: AIN) has announced a quarterly dividend of $0.26 per share on its Class A Common Stock, payable on July 8, 2024, to shareholders of record on June 7, 2024.

ROCHESTER, N.H.--(BUSINESS WIRE)-- The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.26 per share on the Company’s Class A Common Stock.

The dividend is payable July 8, 2024, to shareholders of record on June 7, 2024.

About Albany International Corp.

Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses.

• Machine Clothing is the world’s leading producer of custom-designed, consumable belts essential for the manufacture of paper, paperboard, tissue and towel, pulp, non-wovens and a variety of other industrial applications.
• Albany Engineered Composites is a growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications, supporting both commercial and military platforms.

Albany International is headquartered in Rochester, New Hampshire, operates 32 facilities in 14 countries, employs approximately 5,600 people worldwide, and is listed on the New York Stock Exchange (Symbol: AIN). Additional information about the Company and its products and services can be found at www.albint.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240510109021/en/

Investor / Media Contact:

JC Chetnani

603-330-5851

jc.chetnani@albint.com

Source: Albany International Corp.

FAQ

What dividend has Albany International Corp. declared?

Albany International Corp. declared a quarterly dividend of $0.26 per share on its Class A Common Stock.

When will the dividend be payable?

The dividend will be payable on July 8, 2024.

When are shareholders of record for the dividend?

Shareholders of record for the dividend are on June 7, 2024.