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Timken Declares Quarterly Dividend of 34 Cents Per Share

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Timken (NYSE: TKR) has declared a quarterly cash dividend of 34 cents per share, payable on Nov. 29, 2024, to shareholders of record as of Nov. 19, 2024. This marks the company's 410th consecutive quarterly dividend since its NYSE listing in 1922, representing one of the longest dividend streaks among NYSE-listed companies. 2024 will be Timken's eleventh consecutive year of annual dividend growth. The company, a global leader in engineered bearings and industrial motion, reported $4.8 billion in sales in 2023 and employs over 19,000 people across 45 countries.

Timken (NYSE: TKR) ha dichiarato un dividendo in contante trimestrale di 34 centesimi per azione, che sarà pagato il 29 novembre 2024, agli azionisti registrati al 19 novembre 2024. Questo segna il 410° dividendo trimestrale consecutivo dell'azienda dalla sua quotazione al NYSE nel 1922, rappresentando una delle serie di dividendi più lunghe tra le aziende quotate al NYSE. Il 2024 sarà l'undicesimo anno consecutivo di crescita annuale dei dividendi per Timken. L'azienda, leader globale nei cuscinetti ingegnerizzati e nel movimento industriale, ha riportato vendite di 4,8 miliardi di dollari nel 2023 e impiega oltre 19.000 persone in 45 paesi.

Timken (NYSE: TKR) ha declarado un dividendo en efectivo trimestral de 34 centavos por acción, que se pagará el 29 de noviembre de 2024, a los accionistas registrados hasta el 19 de noviembre de 2024. Esto marca el 410° dividendo trimestral consecutivo de la empresa desde su cotización en el NYSE en 1922, representando una de las rachas de dividendos más largas entre las empresas que cotizan en el NYSE. El 2024 será el undécimo año consecutivo de crecimiento anual del dividendo para Timken. La compañía, líder global en rodamientos de ingeniería y movimiento industrial, reportó ventas de 4.8 mil millones de dólares en 2023 y emplea a más de 19,000 personas en 45 países.

Timken (NYSE: TKR)는 주당 34센트의 분기 현금 배당금을 발표했으며, 2024년 11월 29일에 지급될 예정입니다. 배당금은 2024년 11월 19일 기준 주주를 대상으로 하며, 이는 1922년 NYSE 상장 이후 410번째 연속 분기 배당금을 의미합니다. 이는 NYSE에 상장된 기업 중 가장 긴 배당금 연속 지급 기록 중 하나입니다. 2024년은 Timken의 연간 배당금 성장의 11년째가 될 것입니다. 정밀 베어링 및 산업용 모션의 글로벌 리더인 이 회사는 2023년에 48억 달러의 판매를 보고했으며, 45개국에서 19,000명 이상의 직원을 고용하고 있습니다.

Timken (NYSE: TKR) a déclaré un dividende en espèces trimestriel de 0,34 $ par action, payable le 29 novembre 2024, aux actionnaires répertoriés au 19 novembre 2024. Cela marque le 410e dividende trimestriel consécutif de l'entreprise depuis son inscription au NYSE en 1922, représentant l'une des séries de dividendes les plus longues parmi les entreprises cotées au NYSE. L'année 2024 sera la onzième année consécutive de croissance annuelle du dividende pour Timken. L'entreprise, un leader mondial des roulements d'ingénierie et des mouvements industriels, a rapporté des ventes de 4,8 milliards de dollars en 2023 et emploie plus de 19 000 personnes dans 45 pays.

Timken (NYSE: TKR) hat eine vierteljährliche Bar-Dividende von 34 Cent pro Aktie erklärt, die am 29. November 2024 an die Aktionäre ausgezahlt wird, die am 19. November 2024 im Aktienregister stehen. Dies markiert die 410. aufeinanderfolgende vierteljährliche Dividende des Unternehmens seit seiner NYSE-Notierung im Jahr 1922 und gehört zu den längsten Dividendensträhnen unter den an der NYSE notierten Unternehmen. 2024 wird das elfte Jahr in Folge sein, in dem Timken die Dividende jährlich erhöht. Das Unternehmen, ein globaler Marktführer in der Konstruktion von Lagern und industriellen Bewegungen, berichtete 2023 von einem Umsatz von 4,8 Milliarden US-Dollar und beschäftigt über 19.000 Mitarbeiter in 45 Ländern.

Positive
  • Maintains 410-quarter consecutive dividend payment streak
  • 11 consecutive years of annual dividend growth
  • $4.8 billion in sales recorded in 2023
  • Strong global presence with operations in 45 countries
Negative
  • None.

NORTH CANTON, Ohio, Nov. 8, 2024 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today declared a quarterly cash dividend of 34 cents per share. The dividend is payable on Nov. 29, 2024, to shareholders of record as of Nov. 19, 2024.

Timken has paid a dividend on its common shares every quarter since its original listing on the New York Stock Exchange (NYSE) in 1922. The upcoming dividend represents 410 consecutive quarters, one of the longest-running dividend streaks among NYSE-listed companies. In addition, 2024 will mark the company's eleventh consecutive year of annual dividend growth.

About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. Timken posted $4.8 billion in sales in 2023 and employs more than 19,000 people globally, operating from 45 countries.

Media Relations:
Scott Schroeder
234.262.6420
scott.schroeder@timken.com

Investor Relations:
Neil Frohnapple
234.262.2310
investors@timken.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/timken-declares-quarterly-dividend-of-34-cents-per-share-302300043.html

SOURCE The Timken Company

FAQ

What is Timken's (TKR) quarterly dividend amount for November 2024?

Timken (TKR) declared a quarterly dividend of 34 cents per share for November 2024.

When is Timken's (TKR) November 2024 dividend payable?

Timken's dividend is payable on November 29, 2024, to shareholders of record as of November 19, 2024.

How long has Timken (TKR) maintained its dividend streak?

Timken has paid dividends for 410 consecutive quarters since its NYSE listing in 1922, making it one of the longest-running dividend streaks among NYSE-listed companies.

What were Timken's (TKR) sales in 2023?

Timken reported sales of $4.8 billion in 2023.

The Timken Company

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5.40B
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Tools & Accessories
Ball & Roller Bearings
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NORTH CANTON