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) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, August 18th.

Timken has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 12 consecutive years. Timken has a payout ratio of 23.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Timken to earn $7.13 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 20.2%.

Timken Trading Down 1.9%

TKR opened at $128.76 on Friday. The business has a 50 day moving average of $137.64 and a 200-day moving average of $116.85. The company has a quick ratio of 1.55, a current ratio of 3.10 and a debt-to-equity ratio of 0.61. The stock has a market cap of $8.92 billion, a PE ratio of 34.89, a PEG ratio of 1.56 and a beta of 1.21. Timken has a 52 week low of $70.57 and a 52 week high of $146.37.

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, topping analysts’ consensus estimates of $1.62 by $0.21. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Timken had a net margin of 5.43% and a return on equity of 12.63%. Timken’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.12 EPS. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Equities research analysts predict that Timken will post 6.21 earnings per share for the current fiscal 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.