The Timken Company Declares Quarterly Dividend
CANTON, Ohio, April 15 -- The board of directors of The Timken Company today declared a quarterly cash dividend of 13 cents per share. The dividend is payable on June 3, 2003 to shareholders of record as of May 16, 2003. It will be the 324th consecutive dividend paid on the common stock of the company.
The Timken Company ( www.timken.com ) is a leading international manufacturer of highly engineered bearings, alloy and specialty steels and components, and a provider of related products and services. Following its February 2003 acquisition of The Torrington Company, Timken employs 28,000 people worldwide with operations in 29 countries. In 2002, the combined companies had sales of approximately $3.8 billion.
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