Bulletin
Investor Alert

New York Markets Open in:

press release

May 15, 2020, 4:35 p.m. EDT

Albany International Declares Dividend

The Board of Directors of Albany International Corp. /zigman2/quotes/208627197/composite AIN +2.44% today declared a quarterly dividend of $0.19 per share on the Company’s Class A and Class B Common Stock, payable July 10, 2020, to shareholders of record on June 5, 2020.

Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses. Machine Clothing is the world’s leading producer of fabrics and process felts used in the manufacture of all grades of paper products. Albany Engineered Composites is a rapidly growing designer and manufacturer of advanced materials-based engineered components for jet engine and airframe applications, supporting both commercial and military platforms. Albany International is headquartered in Rochester, New Hampshire, operates 23 plants in 11 countries, employs approximately 4,600 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com .

View source version on businesswire.com: https://www.businesswire.com/news/home/20200515005506/en/

SOURCE: Albany International Corp.

John Hobbs
603-330-5897
john.hobbs@albint.com

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright Business Wire 2020

/zigman2/quotes/208627197/composite
US : U.S.: NYSE
$ 53.78
+1.28 +2.44%
Volume: 193,860
Aug. 10, 2020 4:00p
P/E Ratio
15.71
Dividend Yield
1.41%
Market Cap
$1.71 billion
Rev. per Employee
$223,291
loading...

Comtex
Link to MarketWatch's Slice.