Company: The Timken Company (TKR)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: The Timken Company is a manufacturer of bearings, gear belts, industrial motion products 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 authorized 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 Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America. -Morningstar.com-
Symbol: TKR
Recent Price: $81.81
Dividends: $1.36
Yield: 1.66%
Sector: Industrials
Industry: Tools & Accessories
Address & Company Phone #: 4500 Mount Plesant St. NW North Canton OH 44720, 234-262-3000
Transfer Agent: Equiniti Group plc. 800-468-9716
Moody’s Rating: Baa2
Minimum & Maximum Investment: $100 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $1000
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail, Phone or Internet for $15+10¢/sh.
52 Week High & Low: $95.08, $65.71