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ROCHESTER, NH – Albany International Corp . (NYSE:), a global developer and manufacturer of engineered components, declared a quarterly dividend for its shareholders. The Company announced that a dividend of $0.26 per share will be distributed on April 5, 2024 on its Class A common stock to shareholders of record as of March 15, 2024.
Albany International operates in the advanced materials processing and automation industry with two primary business divisions. The Machine Clothing division is recognized as a leading manufacturer of consumable tapes used in various manufacturing processes, including paper and cardboard production.
Headquartered in Rochester, New Hampshire, Albany International maintains a significant global presence. The company operates 32 facilities in 14 countries and employs approximately 5,600 people worldwide. Its operations span multiple markets, demonstrating a diversified business model.
As Albany International continues to navigate the competitive landscape of advanced materials and engineered components, this latest dividend declaration represents a key financial event for its investors.
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