Albany International declares quarterly dividend of $0.27 per share

PORTSMOUTH, N.H. - Albany International Corp. (NYSE:AIN) announced Friday that its Board of Directors has declared a quarterly dividend of $0.27 per share on the company’s Class A Common Stock.

The dividend will be payable on October 7, 2025, to shareholders of record as of September 2, 2025.

Albany International operates through two core businesses: Machine Clothing, which produces custom-designed consumable belts for paper manufacturing and other industrial applications, and Albany Engineered Composites, which designs and manufactures advanced materials-based components for aerospace applications.

The company is headquartered in Rochester, New Hampshire, operates 30 facilities across 13 countries, and employs approximately 5,400 people worldwide.

This announcement was made in a press release statement issued by the company.

In other recent news, Albany International Corporation reported its second-quarter 2025 earnings, missing the earnings per share (EPS) forecast while slightly exceeding revenue expectations. The company posted an EPS of $0.57, which was below the anticipated $0.77, marking a negative surprise of approximately 25.97%. However, Albany International’s revenue reached $311 million, surpassing the forecast of $309.43 million. In separate developments, Soluna Holdings, Inc. announced the resignation of its Chief Financial Officer and Treasurer, John Tunison, effective August 21, 2025. Tunison is leaving to take a similar role at a privately held company. David Michaels, a longtime board member with over 30 years of financial leadership experience, will serve as interim CFO. Michaels has previously held senior positions at Albany International Corp. and other organizations. These updates reflect recent changes and financial results impacting both Albany International and Soluna Holdings.

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