OREANDA-NEWS. The board of directors of TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today declared a dividend of 14 cents per share. The dividend is payable on Sept. 10, 2015, to shareholders of record as of Aug. 27, 2015. The company has paid dividends every quarter since becoming a public company in June 2014.

TimkenSteel (NYSE:TMST, timkensteel.com) creates tailored steel products and services for demanding applications, helping customers push the bounds of what's possible within their industries. The company reaches around the world in its customers' products and leads North America in large alloy steel bars (up to 16 inches in diameter) and seamless mechanical tubing made of its special bar quality (SBQ) steel, as well as supply chain and steel services. Operating from five countries, TimkenSteel posted sales of $1.7 billion in 2014 and was named 2015 Steel Producer of the Year by American Metal Market.