Timken Raises Dividend 2.9% to $0.36, Extending 13-Year Growth Run
TKR•The Timken Company approved a 2.9% hike in its quarterly cash dividend to $0.36 per share, extending its annualized payout increases to 13 consecutive years. The dividend, payable May 29 to shareholders of record on May 19, marks 416 uninterrupted quarterly distributions since its 1922 NYSE listing.
1. Board Approves 2.9% Dividend Increase
The Timken Company’s board authorized a quarterly cash dividend of $0.36 per share, marking a 2.9% increase over the prior quarter and extending its track record to 13 straight years of annual dividend growth.
2. Payment Schedule Set for May
The new dividend will be payable on May 29, 2026, to shareholders of record as of May 19, reinforcing consistent shareholder returns.
3. 416-Quarter Streak Highlights Durability
Timken’s upcoming payout marks the 416th consecutive quarterly dividend since its 1922 NYSE listing, underscoring over a century of uninterrupted shareholder distributions and stability.
