The Timken Company Declares Quarterly Dividend for 371st Consecutive Quarter

The Timken Company, a leading manufacturer of bearings and power transmission products, has announced a quarterly cash dividend of 25 cents per share. This marks the 371st consecutive quarter that the company has maintained its dividend payment record, dating back to its listing on the New York Stock Exchange in 1922. The dividend is payable on March 6, 2015, to shareholders of record as of February 23, 2015.

Key Takeaways:

• The Timken Company has paid a quarterly dividend for 371 consecutive quarters, a record among NYSE-listed companies.
• The dividend is payable on March 6, 2015, to shareholders of record as of February 23, 2015.
• The company has maintained its dividend payment record since listing on the NYSE in 1922.
• The Timken Company is a leading manufacturer of bearings and power transmission products.
• The company has approximately 16,000 employees operating from 28 countries.
• The company reported sales of $3.1 billion in 2014.
• The company is known for its quality products and collaborative technical sales model.
• The company's dividend is a testament to the company's financial stability and commitment to shareholder value.

Statistics:

• The Timken Company has paid a quarterly dividend for 371 consecutive quarters.
• The dividend is payable on March 6, 2015.
• The company has maintained its dividend payment record since listing on the NYSE in 1922.
• The company has approximately 16,000 employees operating from 28 countries.
• The company reported sales of $3.1 billion in 2014.
• The company's dividend yield is not specified in the press release.
• The company has a long history of commitment to shareholder value, as demonstrated by its 371 consecutive quarters of dividend payments.

Sources:

• The Timken Company (PY, NYSE: TKR)
• "Timken Declares Quarterly Dividend of 25 Cents Per Share" (PR Newswire, February 13, 2015)