Timken Declares Quarterly Dividend

Timken directors declare quarterly dividend of 25 cents per share

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May 13, 2014, 01:42 ET

CANTON, Ohio, May 13, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash dividend of 25 cents per share. The dividend is payable on June 3, 2014, to shareholders of record as of May 23, 2014.

This marks the 368th consecutive quarterly dividend paid on the common shares of the company since The Timken Company joined 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), a global industrial technology leader, applies its deep knowledge of materials, friction management and power transmission to improve the reliability and efficiency of industrial machinery and equipment all around the world. The company engineers, manufactures and markets mechanical components and high-performance steel. Timken^® bearings, engineered steel bars and tubes—as well as transmissions, gearboxes, chain, related products and services—support diversified markets worldwide. With sales of $4.3 billion in 2013 and approximately 19,000 people operating from 28 countries, Timken makes the world more productive and keeps industry in motion.

Media Contact:
Pat Carlson-Burnham
Global Media Relations
4500 Mount Pleasant Ave. N.W.
North Canton, OH 44720 U.S.A.
Telephone: (330)471-3514
[email protected]

Investor Contact:
Steve Tschiegg
Director – Capital Markets & Investor Relations
4500 Mount Pleasant Ave. N.W.
North Canton, OH 44720 U.S.A.
Telephone: (330)471-7446
[email protected]

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SOURCE The Timken Company