Albany International Corp. (NYSE:AIN) announced a quarterly dividend on Friday, December 15th, RTT News reports. Investors of record on Tuesday, December 26th will be paid a dividend of 0.17 per share by the textile maker on Monday, January 8th. This represents a $0.68 annualized dividend and a yield of 1.11%.

Albany International has raised its dividend payment by an average of 15.6% per year over the last three years and has raised its dividend every year for the last 6 years.

Shares of Albany International (AIN) traded down $0.50 during trading on Friday, reaching $61.05. The company had a trading volume of 72,800 shares, compared to its average volume of 124,086. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.76 and a current ratio of 2.49. The company has a market capitalization of $1,981.91, a price-to-earnings ratio of 39.71 and a beta of 1.72. Albany International has a 1 year low of $43.45 and a 1 year high of $65.65.

Albany International (NYSE:AIN) last announced its quarterly earnings data on Monday, October 30th. The textile maker reported $0.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.15. Albany International had a return on equity of 9.24% and a net margin of 5.06%. The firm had revenue of $222.14 million during the quarter. During the same period in the prior year, the firm earned $0.41 earnings per share.

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About Albany International

Albany International Corp. is focused on textiles and materials processing business. The Company operates through two segments: Machine Clothing and Albany Engineered Composites. The Company’s Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, nonwovens, fiber cement and various other industrial applications.

Dividend History for Albany International (NYSE:AIN)

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