Previous close | 89.66 |
Open | 89.25 |
Bid | 0.00 x 1000 |
Ask | 0.00 x 1000 |
Day's range | 89.21 - 91.25 |
52-week range | 65.71 - 95.08 |
Volume | |
Avg. volume | 498,662 |
Market cap | 6.338B |
Beta (5Y monthly) | 1.54 |
PE ratio (TTM) | 17.11 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.36 (1.51%) |
Ex-dividend date | 13 May 2024 |
1y target est | N/A |
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today approved a 3 percent increase in the company's quarterly cash dividend, raising it to 34 cents per share. The dividend is payable on May 28, 2024, to shareholders of record as of May 14, 2024.
The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported first-quarter 2024 sales of $1.19 billion, down 5.7 percent from the same period a year ago. The decrease was driven by lower demand, including a significant decline in renewable energy in China, and unfavorable foreign currency translation, partially offset by the benefit of acquisitions (net of divestitures) and favorable pricing.
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been named to Fortune's list of America's Most Innovative Companies for the second straight year.