CANTON, Ohio, Aug. 6, 2013 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash dividend of 23 cents per share. The dividend is payable on Sept. 4, 2013, to shareholders of record as of Aug. 20, 2013.

(Logo: http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO )

This marks the 365th consecutive quarterly dividend paid on the common stock of the company since Timken was listed on the New York Stock Exchange in 1922, one of the longest running dividend records among NYSE-listed companies.

About The Timken Company

The Timken Company (NYSE: TKR; www.timken.com), a global industrial technology leader, applies its deep knowledge of materials, friction management and power transmission to improve the reliability and efficiency of industrial machinery and equipment all around the world. The company engineers, manufactures and markets mechanical components and high-performance steel. Timken^® bearings, engineered steel bars and tubes—as well as transmissions, gearboxes, chain, related products and services—support diversified markets worldwide. With sales of $5.0 billion in 2012 and approximately 20,000 people operating from 30 countries, Timken makes the world more productive and keeps industry in motion.

SOURCE The Timken Company