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Albany International Declares Dividend

August 29, 2019 GMT

ROCHESTER, N.H.--(BUSINESS WIRE)--Aug 29, 2019--

The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.18 per share on the Company’s Class A and Class B Common Stock, payable October 7, 2019, to shareholders of record on September 9, 2019.

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 fabrics and process felts used in the manufacture of all grades of paper products. Albany Engineered Composites is a rapidly growing designer and manufacturer of advanced materials-based engineered components for jet engine and airframe applications, supporting both commercial and military platforms. Albany International is headquartered in Rochester, New Hampshire, operates 22 plants in 10 countries, employs 4,700 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190829005489/en/

CONTACT: Stephen Nolan

518-445-2281

stephen.nolan@albint.com

KEYWORD: UNITED STATES NORTH AMERICA NEW HAMPSHIRE

INDUSTRY KEYWORD: ENGINEERING CHEMICALS/PLASTICS AEROSPACE MANUFACTURING TEXTILES

SOURCE: Albany International Corp.

Copyright Business Wire 2019.

PUB: 08/29/2019 10:30 AM/DISC: 08/29/2019 10:30 AM

http://www.businesswire.com/news/home/20190829005489/en