Albany International Declares Dividend

Rhea-AI Summary

The Board of Directors of Albany International Corp. (NYSE: AIN) has declared a quarterly dividend of $0.21 per share on its Class A and Class B Common Stock. This dividend is scheduled to be payable on April 7, 2022, to shareholders of record as of March 21, 2022.

Albany International is a leader in engineered components, primarily in Machine Clothing for paper production and Albany Engineered Composites for advanced materials in aviation. The company operates 23 plants in 11 countries and employs over 4,100 people.

Positive

• Quarterly dividend of $0.21 declared, providing income for shareholders.
• Company continues robust operations with a strong global presence.

Negative

• None.

ROCHESTER, N.H.--(BUSINESS WIRE)-- The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.21 per share on the Company’s Class A and Class B Common Stock, payable April 7, 2022, to shareholders of record on March 21, 2022.

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 belts used in the manufacture of all grades of paper products. Albany Engineered Composites is a 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 4,100 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/20220217005972/en/

John Hobbs

603-330-5897

john.hobbs@albint.com

Source: Albany International Corp.

FAQ

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

The dividend amount is $0.21 per share.

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

The dividend is payable on April 7, 2022.

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

The record date is March 21, 2022.

What businesses does Albany International Corp. (AIN) operate in?

Albany International operates in engineered components, focusing on Machine Clothing and Albany Engineered Composites.