DIVIDEND ANNOUNCEMENT: Cl A/Albany International Corp (NYSE:AIN) on 02/21/2020 declared a dividend of $0.1900 per share

Cl A/Albany International Corp (NYSE:AIN) on 02/21/2020 declared a dividend of $ 0.1900 per share payable on April 08, 2020 to shareholders of record as of March 20, 2020.

Cl A/Albany International Corp (NYSE:AIN) has paid dividends since 1990, has a current dividend yield of 1.0183572769% and has increased its dividends for 1 successive years.

Cl A/Albany International Corp's market cap is $ 2,291,141,000 and has a PE ratio of 20.56. The stock price closed yesterday at $ 74.63 and has a 52 week low/high of $ 68.86 and $ 92.04.

Albany International is engaged in two business segments: Machine Clothing and Albany Engineered Composites (AEC). The Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and other industrial applications. This segment also supplies consumable fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. The AEC segment provides engineered, composite structures to customers in the aerospace and defense industries. Other AEC programs include the F-35, Boeing 787, Sikorsky CH-53K, and JASSM programs.

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