Timken Company (The) Announces Quarterly Dividend of $0.35 (NYSE:TKR)

Timken Company (The) (NYSE:TKR) declared a quarterly dividend on Friday, February 13th. Investors of record on Tuesday, February 24th will be paid a dividend of 0.35 per share by the industrial products company on Friday, March 6th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Tuesday, February 24th.

Timken has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 12 years. Timken has a payout ratio of 23.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Timken to earn $6.71 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 20.9%.

Timken Trading Up 0.9%

Shares of NYSE:TKR opened at $108.12 on Friday. The company has a current ratio of 2.82, a quick ratio of 1.47 and a debt-to-equity ratio of 0.56. Timken has a 12-month low of $56.20 and a 12-month high of $111.39. The business has a 50 day moving average of $94.14 and a two-hundred day moving average of $83.38. The company has a market capitalization of $7.52 billion, a PE ratio of 26.31, a PEG ratio of 1.59 and a beta of 1.21.

Timken (NYSE:TKR) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.05. Timken had a net margin of 6.29% and a return on equity of 11.52%. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period in the previous year, the firm earned $1.16 EPS. The business’s quarterly revenue was up 3.5% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, analysts forecast that Timken will post 5.62 EPS for the current year.

Timken Company Profile

The Timken Company is a global manufacturer specializing in engineered bearings and mechanical power transmission products. Its core offerings include tapered and cylindrical roller bearings, spherical and plain bearings, mounted bearing units, and precision gear drives. Timken’s products serve a broad range of industries, from industrial machinery and aerospace to automotive, rail, wind energy and heavy equipment.

Beyond bearings, Timken’s portfolio extends to industrial chains, belts, couplings and related components designed to optimize power transmission systems.