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Albany International Declares Dividend

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The Board of Directors of Albany International Corp. (NYSE: AIN) has declared a quarterly dividend of $0.20 per share for Class A and Class B Common Stock. This dividend is payable on April 8, 2021, to shareholders of record by March 19, 2021.

Albany International is a leading developer of engineered components with significant operations in the paper and aerospace industries. The company operates 23 plants globally and employs over 4,000 people.

Positive
  • Quarterly dividend of $0.20 per share enhances shareholder income.
  • Strong operational presence with 23 plants across 11 countries.
Negative
  • None.

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 April 8, 2021, to shareholders of record on March 19, 2021.

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.

FAQ

What is the dividend amount declared by Albany International Corp. in 2021?

Albany International declared a quarterly dividend of $0.20 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on April 8, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is March 19, 2021.

Albany International Corp

NYSE:AIN

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2.63B
30.98M
0.95%
98.26%
1.23%
Textile Manufacturing
Broadwoven Fabric Mills, Man Made Fiber & Silk
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United States of America
ROCHESTER