CANTON, Ohio--(BUSINESS WIRE)--May 1, 2007--The board of directors of The Timken Company (NYSE:TKR) today declared a quarterly cash dividend of 16 cents per share. The dividend is payable on June 5, 2007, to shareholders of record as of May 18, 2007. It will be the 340th consecutive dividend paid on the common stock of the company.
About The Timken Company
The Timken Company (NYSE: TKR, www.timken.com) keeps the world turning, with innovative friction management and power transmission products and services, enabling our customers to perform faster and more efficiently. With sales of $5.0 billion in 2006, operations in 26 countries and approximately 25,000 employees, Timken is Where You Turn™ for better performance.
CONTACT: The Timken Company
News Media Contact:
Jeff Dafler, 330-471-3514
Manager - Global Media Relations and Government Affairs
Facsimile: 330-471-4118
jeff.dafler@timken.com
OR
Investor Contact:
Steve Tschiegg, 330-471-7446
Manager - Investor Relations
Facsimile: 330-471-2797
steve.tschiegg@timken.com
OR
For Additional Information:
www.timken.com/media
www.timken.com/investors
SOURCE: The Timken Company