STOCK TITAN

Albany International Declares Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

The Board of Directors of Albany International Corp. (NYSE: AIN) has declared a quarterly dividend of $0.20 per share for both Class A and Class B Common Stock. This dividend is payable on January 8, 2021, to shareholders on record as of December 22, 2020. Albany International operates in two core sectors: Machine Clothing and Albany Engineered Composites, supplying advanced materials for various applications, including paper manufacturing and aerospace. The company is headquartered in Rochester, New Hampshire, with 23 plants across 11 countries.

Positive
  • Quarterly dividend of $0.20 per share declared, enhancing shareholder income.
Negative
  • None.

ROCHESTER, N.H.--()--The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.20 per share on the Company’s Class A and Class B Common Stock, payable January 8, 2021, to shareholders of record on December 22, 2020.

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 fabrics and process felts used in the manufacture of all grades of paper products. Albany Engineered Composites is a rapidly growing designer and manufacturer of advanced materials-based engineered components for jet engine and airframe applications, supporting both commercial and military platforms. Albany International is headquartered in Rochester, New Hampshire, operates 23 plants in 11 countries, employs more than 4,000 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.

Contacts

John Hobbs
603-330-5897
john.hobbs@albint.com

FAQ

What is the dividend amount declared by Albany International Corp. (AIN)?

Albany International Corp. has declared a dividend of $0.20 per share.

When is the dividend payable for Albany International Corp. (AIN)?

The dividend is payable on January 8, 2021.

What is the record date for the dividend of Albany International Corp. (AIN)?

The record date for the dividend is December 22, 2020.

What are the core businesses of Albany International Corp. (AIN)?

Albany International operates in Machine Clothing and Albany Engineered Composites sectors.

Albany International Corp

NYSE:AIN

AIN Rankings

AIN Latest News

AIN Stock Data

2.48B
30.98M
0.95%
102.82%
1.65%
Textile Manufacturing
Broadwoven Fabric Mills, Man Made Fiber & Silk
Link
United States of America
ROCHESTER