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Timken Co (TKR.N)

TKR.N on New York Stock Exchange

46.00USD
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Tue, May 8 2018

BRIEF-Timken Increases Dividend

* 4 PERCENT INCREASE TO COMPANY'S QUARTERLY CASH DIVIDEND, RAISING IT TO 28 CENTS PER SHARE Source text for Eikon: Further company coverage:

BRIEF-Timken Q1 Adjusted Earnings Per Share $1.01 Excluding Items

* TIMKEN REPORTS STRONG FIRST-QUARTER 2018 RESULTS; RAISES FULL-YEAR OUTLOOK

BRIEF-Timken Sees FY 2018 Adjusted Earnings Per Share of $3.50 To $3.60

* IMPROVED 2018 OUTLOOK DRIVEN BY HIGHER DEMAND ACROSS INDUSTRIAL, OFF-HIGHWAY AND HEAVY TRUCK SECTORS

BRIEF-Timken Says CEO Richard Kyle's FY 2017 Total Compensation Was $8.6 Mln Versus $6.6 Mln In 2016

* TIMKEN SAYS CEO RICHARD KYLE'S FY 2017 TOTAL COMPENSATION WAS $8.6 MILLION VERSUS $6.6 MILLION IN 2016 - SEC FILING Source text: (http://bit.ly/2G6LIec) Further company coverage:

BRIEF-Timken Q4 Adj SHR $0.68 Excluding Items

* TIMKEN REPORTS STRONG FOURTH-QUARTER AND FULL-YEAR 2017 RESULTS; EXPECTS CONTINUED GROWTH IN 2018

BRIEF-Timken ‍Expects Three Percentage Points Reduction In Global Effective Tax Rate In 2018 After Tax Act​

* TIMKEN - ‍ PRELIMINARILY, CO EXPECTS TCJA TO RESULT IN A ONE-TIME NET CHARGE OF ABOUT $35 MILLION IN Q4 - SEC FILING

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