The Timken Co (The Timken Co) Dividend Payout Ratio : 0.24 (As of Dec. 2023)

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What is The Timken Co Dividend Payout Ratio?

The Timken Co's dividend payout ratio for the months ended in Dec. 2023 was 0.24.

The historical rank and industry rank for The Timken Co's Dividend Payout Ratio or its related term are showing as below:

TKR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.28 Max: 0.53
Current: 0.19

During the past 13 years, the highest Dividend Payout Ratio of The Timken Co was 0.53. The lowest was 0.18. And the median was 0.28.

TKR's Dividend Payout Ratio is ranked better than
74% of 1673 companies
in the Industrial Products industry
Industry Median: 0.32 vs TKR: 0.19

As of today (2024-04-25), the Dividend Yield % of The Timken Co is 1.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of The Timken Co was 4.25%. The lowest was 1.25%. And the median was 2.24%.

The Timken Co's Dividends per Share for the months ended in Dec. 2023 was $0.33.

During the past 12 months, The Timken Co's average Dividends Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Timken Co was 26.90% per year. The lowest was -10.30% per year. And the median was 3.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

The Timken Co Dividend Payout Ratio Historical Data

The historical data trend for The Timken Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Timken Co Dividend Payout Ratio Chart

The Timken Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.23

0.28

0.23

0.19

0.18

The Timken Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.25	0.15	0.16	0.21	0.24

Competitive Comparison of The Timken Co's Dividend Payout Ratio

For the Tools & Accessories subindustry, The Timken Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Timken Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Timken Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where The Timken Co's Dividend Payout Ratio falls into.

The Timken Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

The Timken Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.3	/	7.05
	=	0.18

The Timken Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.33	/	1.37
	=	0.24

The Timken Co (NYSE:TKR) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

The Timken Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of The Timken Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

The Timken Co (The Timken Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Timken Co (NYSE:TKR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TKR:Mexico TKH:Germany TKH:Germany

Address

4500 Mount Pleasant Street North West, North Canton, OH, USA, 44720-5450

Website

https://www.timken.com

The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.

Executives

Philip D. Fracassa	officer: CFO	1835 DUEBER AVENUE SW, CANTON OH 44706-0928
Christopher A Coughlin	officer: President-proc ind & supp chn	1835 DUEBER AVE SW, CANTON OH 44706
Timken John M Jr	director	200 MARKET AVE N STE 210, CANTON OH 44702
Hansal N. Patel	officer: VP, GC, and Secretary	4500 MOUNT PLEASANT ST. NW, NORTH CANTON OH 44720
Richard G Kyle	officer: President-mob ind & aerospace	1835 DUEBER AVE SW, CANTON OH 44706
Jacqueline F Woods	director
Natasha Pollock	officer: VP - Human Resources	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Landin Bo Hans Olof	officer: Group Vice President	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Timken Ward J Jr	director, officer: Chairman of the Board	200 MARKET AVE N STE 210, CANTON OH 44702
Ronald J Myers	officer: VP - Human Resources	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Sarah C Lauber	director	833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Shelly Marie Chadwick	officer: Chief Accounting Officer	6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Karl Andreas Roellgen	officer: VP - Europe, Asia and Africa	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Frank C Sullivan	director
Elizabeth Ann Harrell	director	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720