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Timken Declares Quarterly Dividend of 34 Cents Per Share

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The Timken Company (NYSE: TKR), a global leader in engineered bearings and industrial motion, has declared a quarterly cash dividend of 34 cents per share. The dividend is payable on Aug. 30, 2024, to shareholders of record as of Aug. 20, 2024. This marks 409 consecutive quarters of dividend payments, one of the longest-running dividend streaks among NYSE-listed companies. Timken has consistently paid dividends since its NYSE listing in 1922.

Timken, founded 125 years ago, reported $4.8 billion in sales for 2023 and employs over 19,000 people across 45 countries. The company has received recognition for innovation, responsibility, and workplace excellence from various prestigious publications.

La Timken Company (NYSE: TKR), leader globale nel settore dei cuscinetti ingegnerizzati e nei movimenti industriali, ha dichiarato un dividendo in contante trimestrale di 34 centesimi per azione. Il dividendo sarà pagabile il 30 agosto 2024, agli azionisti registrati al 20 agosto 2024. Questo segna 409 trimestri consecutivi di pagamenti di dividendi, una delle serie di dividendi più lunghe tra le aziende quotate in borsa di NYSE. Timken ha costantemente pagato dividendi sin dalla sua quotazione al NYSE nel 1922.

Fondata 125 anni fa, Timken ha riportato 4,8 miliardi di dollari di vendite nel 2023 e impiega oltre 19.000 persone in 45 paesi. L'azienda ha ricevuto riconoscimenti per innovazione, responsabilità ed eccellenza sul posto di lavoro da varie pubblicazioni prestigiose.

La Timken Company (NYSE: TKR), un líder global en rodamientos diseñados e industriales, ha declarado un dividendo en efectivo trimestral de 34 centavos por acción. El dividendo se pagará el 30 de agosto de 2024, a los accionistas registrados hasta el 20 de agosto de 2024. Esto marca 409 trimestres consecutivos de pagos de dividendos, una de las rachas de dividendos más largas entre las empresas que cotizan en la NYSE. Timken ha pagado consistentemente dividendos desde su cotización en la NYSE en 1922.

Timken, fundada hace 125 años, reportó 4.8 mil millones de dólares en ventas para 2023 y emplea a más de 19,000 personas en 45 países. La empresa ha recibido reconocimientos por innovación, responsabilidad y excelencia en el lugar de trabajo por diversas publicaciones de prestigio.

팀켄 컴퍼니 (NYSE: TKR)는 엔지니어링 베어링과 산업 모션 분야의 글로벌 리더로서 주당 34센트의 분기 현금 배당금을 선언했습니다. 배당금은 2024년 8월 30일에 지급되며, 2024년 8월 20일 기준으로 주주에게 지급됩니다. 이는 409분기 연속 배당금 지급을 의미하며, NYSE에 상장된 기업 중 가장 긴 배당금 지급 연속 기록 중 하나입니다. 팀켄은 1922년 NYSE 상장 이후 지속적으로 배당금을 지급해왔습니다.

125년 전 설립된 팀켄은 2023년 48억 달러의 매출을 보고했으며, 45개국에서 19,000명 이상의 직원을 고용하고 있습니다. 이 회사는 혁신, 책임 및 직장 우수성에 대해 여러 권위 있는 출판물로부터 인정을 받았습니다.

La Timken Company (NYSE : TKR), un leader mondial dans le domaine des roulements et de l'industrie du mouvement, a déclaré un dividende en espèces trimestriel de 34 cents par action. Le dividende sera payable le 30 août 2024 aux actionnaires inscrits au 20 août 2024. Cela marque 409 trimestres consécutifs de paiements de dividendes, l'une des plus longues séries de dividendes parmi les entreprises cotées à la NYSE. Timken a constamment payé des dividendes depuis son inscription à la NYSE en 1922.

Fondée il y a 125 ans, Timken a déclaré un chiffre d'affaires de 4,8 milliards de dollars en 2023 et emploie plus de 19 000 personnes dans 45 pays. L'entreprise a reçu des distinctions pour son innovation, sa responsabilité et son excellence au travail de la part de diverses publications prestigieuses.

Die Timken Company (NYSE: TKR), ein globaler Marktführer in der Konstruktion von Wälzlagern und industrieller Bewegungstechnik, hat eine vierteljährliche Barausschüttung von 34 Cent pro Aktie bekannt gegeben. Die Ausschüttung ist am 30. August 2024 fällig und wird an Aktionäre ausgezahlt, die am 20. August 2024 im Aktienregister stehen. Dies markiert 409 aufeinanderfolgende Quartale von Dividendenzahlungen, eine der längsten Dividendenstrecken unter den an der NYSE gelisteten Unternehmen. Timken hat seit seiner NYSE-Notierung im Jahr 1922 kontinuierlich Dividenden ausgezahlt.

Timken, vor 125 Jahren gegründet, meldete 4,8 Milliarden Dollar Umsatz im Jahr 2023 und beschäftigt mehr als 19.000 Mitarbeiter in 45 Ländern. Das Unternehmen hat Anerkennung für Innovation, Verantwortung und exzellente Arbeitsplatzbedingungen von verschiedenen angesehenen Publikationen erhalten.

Positive
  • Declared quarterly dividend of $0.34 per share
  • Maintained 409 consecutive quarters of dividend payments
  • Reported $4.8 billion in sales for 2023
  • Operates in 45 countries with over 19,000 employees
  • Recognized for innovation and workplace excellence by reputable publications
Negative
  • None.

NORTH CANTON, Ohio, Aug. 7, 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 Aug. 30, 2024, to shareholders of record as of Aug. 20, 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 409 consecutive quarters, one of the longest-running dividend streaks among NYSE-listed companies.

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. The company posted $4.8 billion in sales in 2023 and employs more than 19,000 people globally, operating from 45 countries. Timken is one of the World's Most Innovative Companies, according to Fast Company, and has been recognized among America's Most Responsible CompaniesAmerica's Greatest Workplaces and America's Greatest Workplaces for Diversity by NewsweekBest Companies to Work For by U.S. News & World Report, the World's Most Ethical Companies® by Ethisphere and America's Most Innovative Companies by Fortune.

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

Investor Relations:
Neil Frohnapple
234.262.2310
investors@timken.com 

 

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SOURCE The Timken Company

FAQ

What is the amount of Timken's (TKR) quarterly dividend for August 2024?

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

When is the payment date for Timken's (TKR) latest dividend?

The dividend is payable on August 30, 2024, to shareholders of record as of August 20, 2024.

How many consecutive quarters has Timken (TKR) paid dividends?

Timken (TKR) has paid dividends for 409 consecutive quarters, one of the longest-running dividend streaks among NYSE-listed companies.

What was Timken's (TKR) sales figure for 2023?

Timken (TKR) reported $4.8 billion in sales for the year 2023.

How long has Timken (TKR) been paying dividends on the NYSE?

Timken (TKR) has been paying dividends every quarter since its original listing on the New York Stock Exchange in 1922.

The Timken Company

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Ball & Roller Bearings
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