Timken raises quarterly dividend by 2.9%

9 articles · Updated · MarketWatch · May 8

The payout rises to 36 cents a share from 35 cents, or $1.44 annually, for shareholders of record on 19 May.
The North Canton, Ohio, engineered bearings and industrial-motion products maker said the higher dividend will be paid on 29 May.
Based on Thursday's closing price of $116.34, the annual yield increases to about 1.24% from 1.2%.

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