Albany International Declares Dividend
December 06 2024 - 3:15PM
Business Wire
The Board of Directors of Albany International Corp. (NYSE: AIN)
today declared a quarterly dividend of $0.27 per share on the
Company’s Class A Common Stock, an increase of 4%, or $0.01 per
share, from the prior dividend.
The dividend is payable January 8, 2025, to shareholders of
record on December 17, 2024.
About Albany International Corp.
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
custom-designed, consumable belts essential for the manufacture of
paper, paperboard, tissue and towel, pulp, non-wovens and a variety
of other industrial applications.
- Albany Engineered Composites is a growing designer and
manufacturer of advanced materials-based engineered components for
demanding aerospace applications, supporting both commercial and
military platforms.
Albany International is headquartered in Rochester, New
Hampshire, operates 30 facilities in 13 countries, employs
approximately 5,600 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241206270423/en/
Investor / Media Contact: JC Chetnani VP-Investor
Relations and Treasurer jc.chetnani@albint.com
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