CANTON, Ohio, May 8, 2012 /PRNewswire/ -- The Timken Company (NYSE: TKR) board of directors today declared a quarterly cash dividend of 23 cents per share. The dividend is payable on June 5, 2012, to shareholders of record as of May 18, 2012.
(Logo: http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO )
This marks the 360th consecutive quarterly dividend paid on the common stock of the company since Timken was listed on the New York Stock Exchange in 1922 – one of the longest running dividend records among NYSE-listed companies.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) keeps the world turning with innovative friction management and mechanical power transmission products and services that help machinery perform more efficiently and reliably. With sales of $5.2 billion in 2011 and approximately 21,000 people operating in 30 countries, Timken is Where You Turn® for better performance.
Contacts - Media: Dan Minnich: 330.471.7760; dan.minnich@timken.com; Investors: Steve Tschiegg, Ofc: 330.471.7446. steve.tschiegg@timken.com, The Timken Company.
SOURCE The Timken Company