Timken Declares Quarterly Dividend of 28 Cents Per Share

NORTH CANTON, Ohio, Aug. 9, 2019 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 28 cents per share. The dividend is payable on Sept. 4, 2019, to shareholders of record as of Aug. 21, 2019.

This marks the 389th 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) designs a growing portfolio of engineered bearings and power transmission products. With more than a century of knowledge and innovation, we continuously improve the reliability and efficiency of global machinery and equipment to move the world forward. Timken posted $3.6 billion in sales in 2018 and employs more than 18,000 people globally, operating from 35 countries.

Media Relations:Scott Schroeder234.262.6420[email protected]

Investor Relations:Jason Hershiser234.262.7101[email protected]

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SOURCE The Timken Company