Timken Company (The) (TKR) To Go Ex-Dividend on August 18th

Timken Company (The) (NYSE:TKR) announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Tuesday, August 18th will be given a dividend of 0.36 per share by the industrial products company on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, August 18th.

Timken has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 12 consecutive years. Timken has a payout ratio of 23.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Timken to earn $7.15 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 20.1%.

Timken Price Performance

Shares of NYSE TKR opened at $133.37 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.74 and a current ratio of 3.10. Timken has a one year low of $70.57 and a one year high of $146.37. The firm has a market capitalization of $9.24 billion, a P/E ratio of 36.14, a PEG ratio of 1.57 and a beta of 1.21. The company’s fifty day moving average is $137.56 and its two-hundred day moving average is $118.22.

Timken (NYSE:TKR) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.21. Timken had a net margin of 5.43% and a return on equity of 12.63%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the firm posted $1.12 EPS. The business’s revenue was up 7.5% compared to the same quarter last year. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Analysts forecast that Timken will post 6.23 EPS for the current fiscal year.

About Timken

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.