Timken increases quarterly dividend by 6 percent

North canton, ohio , may 5, 2023 /prnewswire/ -- the board of directors of the timken company (nyse: tkr; www.timken.com), a global leader in engineered bearings and industrial motion products, today approved a 6 percent increase in the company's quarterly cash dividend, raising it to 33 cents per share. the dividend is payable on may 30, 2023, to shareholders of record as of may 16, 2023.
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