Timken's most recent quarterly dividend payment of $0.33 per share was made to shareholders on record before Nov 13, 2023. At an annualized rate of $1.3 per share, the stock yields 1.76%.
Timken's dividend yield of 1.76% is higher than the Industrials sector average but lower than the industry average. If we compare it with the Industrials sector average of 1.48%, Timken's dividend yield is 19% higher. Historically TKR's dividend yield has averaged at 1.9% in the last 5 years, which is more than the current one.
Timken has been paying dividends for the last 26 years. According to our data TKR has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 6% for the last year. And since the stock price has gone up by 3.5% from a year ago, the dividend yield has increased by 2.1%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Nov 13, 2023 | Nov 29, 2023 | Nov 3, 2023 | $0.33 | normal |
Aug 14, 2023 | Aug 28, 2023 | Aug 2, 2023 | $0.33 | normal |
May 15, 2023 | May 30, 2023 | May 5, 2023 | $0.33 | normal |
Feb 17, 2023 | Mar 6, 2023 | Feb 10, 2023 | $0.31 | normal |
Nov 18, 2022 | Dec 2, 2022 | Nov 11, 2022 | $0.31 | normal |
Aug 12, 2022 | Sep 2, 2022 | Aug 3, 2022 | $0.31 | normal |
May 13, 2022 | Jun 2, 2022 | May 6, 2022 | $0.31 | normal |
Feb 18, 2022 | Mar 4, 2022 | Feb 11, 2022 | $0.3 | normal |
Nov 19, 2021 | Dec 3, 2021 | Nov 12, 2021 | $0.3 | normal |
Aug 19, 2021 | Sep 3, 2021 | Aug 4, 2021 | $0.3 | normal |
May 20, 2021 | Jun 3, 2021 | May 7, 2021 | $0.3 | normal |
Feb 19, 2021 | Mar 4, 2021 | Feb 12, 2021 | $0.29 | normal |
Nov 23, 2020 | Dec 3, 2020 | Nov 13, 2020 | $0.29 | normal |
Aug 20, 2020 | Sep 3, 2020 | Aug 7, 2020 | $0.28 | normal |
May 21, 2020 | Jun 3, 2020 | May 8, 2020 | $0.28 | normal |
Feb 20, 2020 | Mar 4, 2020 | Feb 7, 2020 | $0.28 | normal |
Nov 21, 2019 | Dec 4, 2019 | Nov 12, 2019 | $0.28 | normal |
Aug 20, 2019 | Sep 4, 2019 | Aug 9, 2019 | $0.28 | normal |
May 21, 2019 | Jun 4, 2019 | May 10, 2019 | $0.28 | normal |
Feb 19, 2019 | Mar 4, 2019 | Feb 6, 2019 | $0.28 | normal |
Nov 19, 2018 | Dec 4, 2018 | Nov 9, 2018 | $0.28 | normal |
Aug 16, 2018 | Sep 5, 2018 | Aug 7, 2018 | $0.28 | normal |
May 17, 2018 | Jun 4, 2018 | May 8, 2018 | $0.28 | normal |
Feb 16, 2018 | Mar 2, 2018 | Feb 9, 2018 | $0.27 | normal |
Nov 16, 2017 | Dec 1, 2017 | Nov 3, 2017 | $0.27 | normal |
Aug 18, 2017 | Sep 1, 2017 | Aug 8, 2017 | $0.27 | normal |
May 17, 2017 | Jun 1, 2017 | May 9, 2017 | $0.27 | normal |
Feb 17, 2017 | Mar 3, 2017 | Feb 10, 2017 | $0.26 | normal |
Nov 18, 2016 | Dec 2, 2016 | Nov 11, 2016 | $0.26 | normal |
Aug 11, 2016 | Sep 2, 2016 | Aug 2, 2016 | $0.26 | normal |
May 18, 2016 | Jun 2, 2016 | May 10, 2016 | $0.26 | normal |
Timken's payout ratio of 21.6% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 30.9%, Timken's payout ratio is 30% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KAMN KAMAN Corp | 3.69% | $0.8 | N/A |
GD General Dynamics Corp | 2.07% | $5.22 | 43.2% |
TKR Timken Co | 1.73% | $1.3 | 21.6% |
STLD Steel Dynamics Inc | 1.42% | $1.62 | 10.2% |
Yes, Timken has paid four dividends in the last 12 months. TKR has been paying dividends since 1994.
TKR hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in February 2024.
Timken's last regular dividend was on Nov 13, 2023 (ex-date) with the amount of $0.33 per share.
TKR has paid dividend of $1.3 per share in the last year.
Currently Timken's dividend yield is 1.76%.
Timken pays dividends quarterly.
The dividend payout ratio of Timken is 21.6%.
Timken's dividend yield is more than the Industrials sector average.