The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, and related products and maintenance services to original equipment manufacturers (OEMs) and end-users of off-highway equipment for the agricultural, construction, mining, outdoor power equipment, and power sports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives. It also provides power transmission systems and flight-critical components for civil and military aircraft, which include bearings, rotor-head assemblies, helicopter transmission systems, turbine engine components, gears, and housings. This segment sells its parts through a network of authorized automotive and heavy-truck distributors to individual end-users, equipment owners, operators, and maintenance shops. The Process Industries segment provides industrial bearings and assemblies; power transmission components, such as gears and gearboxes; and linear motion products, couplings, seals, lubricants, chains, belts, and related products and services to OEMs and end-users in various industries. It also offers aftermarket sales and service needs through a network of authorized industrial distributors; and repair and service for bearings and gearboxes, as well as electric motor rewind, repair, and services to end-users. The company offers its products under the Timken, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy, Diamond, BEKA, and Groeneveld brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.
Timken Dividend Announcement
• Timken announced a quarterly dividend of $0.34 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-19
• Timken annual dividend for 2024 was $1.35
• Timken annual dividend for 2023 was $1.30
• Timken's trailing twelve-month (TTM) dividend yield is 1.79%
• Timken's payout ratio for the trailing twelve months (TTM) is 28.04%
• Timken's dividend growth over the last five years (2018-2023) was 3.21% year
• Timken's dividend growth over the last ten years (2013-2023) was 3.52% year
Timken Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-19 | $0.34 | quarterly | 2024-11-29 |
| 2024-08-20 | $0.34 | quarterly | 2024-08-30 |
| 2024-05-13 | $0.34 | quarterly | 2024-05-28 |
| 2024-02-16 | $0.33 | quarterly | 2024-03-06 |
| 2023-11-13 | $0.33 | quarterly | 2023-11-29 |
| 2023-08-14 | $0.33 | quarterly | 2023-08-28 |
| 2023-05-15 | $0.33 | quarterly | 2023-05-30 |
| 2023-02-17 | $0.31 | quarterly | 2023-03-06 |
| 2022-11-18 | $0.31 | quarterly | 2022-12-02 |
| 2022-08-12 | $0.31 | quarterly | 2022-09-02 |
| 2022-05-13 | $0.31 | quarterly | 2022-06-02 |
| 2022-02-18 | $0.30 | quarterly | 2022-03-04 |
| 2021-11-19 | $0.30 | quarterly | 2021-12-03 |
| 2021-08-19 | $0.30 | quarterly | 2021-09-03 |
| 2021-05-20 | $0.30 | quarterly | 2021-06-03 |
| 2021-02-19 | $0.29 | quarterly | 2021-03-04 |
| 2020-11-23 | $0.29 | quarterly | 2020-12-03 |
| 2020-08-20 | $0.28 | quarterly | 2020-09-03 |
| 2020-05-21 | $0.28 | quarterly | 2020-06-03 |
| 2020-02-20 | $0.28 | quarterly | 2020-03-04 |
| 2019-11-21 | $0.28 | quarterly | 2019-12-04 |
| 2019-08-20 | $0.28 | quarterly | 2019-09-04 |
| 2019-05-21 | $0.28 | quarterly | 2019-06-04 |
| 2019-02-19 | $0.28 | quarterly | 2019-03-04 |
| 2018-11-19 | $0.28 | quarterly | 2018-12-04 |
| 2018-08-16 | $0.28 | quarterly | 2018-09-05 |
| 2018-05-17 | $0.28 | quarterly | 2018-06-04 |
| 2018-02-16 | $0.27 | quarterly | 2018-03-02 |
| 2017-11-16 | $0.27 | quarterly | 2017-12-01 |
| 2017-08-18 | $0.27 | quarterly | 2017-09-01 |
| 2017-05-17 | $0.27 | quarterly | 2017-06-01 |
| 2017-02-17 | $0.26 | quarterly | 2017-03-03 |
| 2016-11-18 | $0.26 | quarterly | 2016-12-02 |
| 2016-08-11 | $0.26 | quarterly | 2016-09-02 |
| 2016-05-18 | $0.26 | quarterly | 2016-06-02 |
| 2016-02-19 | $0.26 | quarterly | 2016-03-03 |
| 2015-11-19 | $0.26 | quarterly | 2015-12-04 |
| 2015-08-20 | $0.26 | quarterly | 2015-09-03 |
| 2015-05-14 | $0.26 | quarterly | 2015-06-02 |
| 2015-02-19 | $0.25 | quarterly | 2015-03-06 |
| 2014-11-20 | $0.25 | quarterly | 2014-12-05 |
| 2014-08-15 | $0.25 | quarterly | 2014-09-03 |
| 2014-05-21 | $0.25 | quarterly | 2014-06-03 |
| 2014-02-20 | $0.25 | quarterly | 2014-03-07 |
| 2013-11-21 | $0.23 | quarterly | 2013-12-05 |
| 2013-08-16 | $0.23 | quarterly | 2013-09-04 |
| 2013-05-15 | $0.23 | quarterly | 2013-06-04 |
| 2013-02-15 | $0.23 | quarterly | 2013-03-05 |
Timken Dividend per year
Timken Dividend growth
Timken Dividend Yield
Timken current trailing twelve-month (TTM) dividend yield is 1.79%. Interested in purchasing Timken stock? Use our calculator to estimate your expected dividend yield:
Timken Financial Ratios
P/E ratio15.56
PEG ratio2.13
P/B ratio1.80
ROE12.46%
Payout ratio28.04%
Current ratio3.00
Quick ratio1.62
Cash Ratio0.45
Timken Dividend FAQ
How much is the next Timken dividend?
Timken's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Timken dividend. The next Timken dividend will be released in February, May, August, or November.
When is Timken dividend paid?
Timken pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Timken pay?
The specific amount of Timken dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Timken's dividend history.
Does Timken stock pay dividends?
Yes, Timken does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Timken's dividend history.
How much dividend does Timken pay?
Timken paid $1.35 in 2024, $1.3 in 2023, $1.23 in 2022, $1.19 in 2021, and $1.13 in 2020.
How often does Timken pay dividends?
Timken typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Timken's dividend yield?
The current dividend yield for Timken is 1.79%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Timken's exact dividend yield.
When does Timken go ex dividend?
Timken's ex-dividend date for the latest dividend was on 2024-11-19. Timken typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Timken dividend paid?
Timken pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Timken increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Timken will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Timken dividend per share?
Timken paid $1.35 per share in 2024 and $1.3 per share in 2023. The amount of dividend per share that Timken pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Timken a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Timken a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Timken a dividend stock?
Yes, Timken is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Timken a good dividend stock?
Whether Timken is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Timken has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Timken as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Timken as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Timken pay dividends monthly?
Timken typically pays dividends on a quarterly basis.
Does Timken pay dividends quarterly?
Timken currently pays dividends on a quarterly basis.
Has Timken ever paid a dividend?
Yes, Timken has a history of paying dividends to its shareholders. Timken is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Timken dividend stocks?
To buy Timken you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Timken stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Timken stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Timken pay dividends 2024?
Timken pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Timken increase its dividend in 2024?
Decisions regarding Timken dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Timken dividend overview you can look into the above table of dividend history.
How Timken dividend works?
The Timken dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Timken's dividend process works:
1. Determination of Dividend: Timken's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Timken publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Timken distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Timken are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Timken's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Timken publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Timken distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Timken are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Timken dividends paid?
Timken dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Timken sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Timken distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Timken declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Timken sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Timken distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Timken declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Timken pay dividends?
Timken typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Timken pay dividends?
The general pattern is that Timken pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Timken dividend safe?
The safety of Timken's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Timken's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Timken's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Timken's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Timken's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.