May 12, 2010 (FinancialWire) – The board of directors of The Timken Co. (NYSE: TKR ) has declared a quarterly cash dividend of 13 cents per share, an increase of four cents per share over the stock’s previous quarterly amount. 

The dividend is payable on June 2, 2010, to shareholders of record as of May 21, 2010.  It will be the 352nd consecutive dividend paid on the common stock of the company.

Ohio-based Timken offers friction management and power transmission products and services.

The firm, which posted sales of $3.1 billion in 2009, operations in 26 countries and territories and has around 17,000 employees.

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