By Ben Glickman
Albany International on Friday raised its quarterly dividend 4% to 26 cents.
The Rochester, N.H.-based maker of engineered components lifted its payout 1 cent from a previous dividend of 25 cents.
The payout, equal to $1.04 a year, represents an annual yield of 1.2% based on the Friday closing price of $89.13.
The company last raised its dividend a year ago, when it lifted the payout 19% to 25 cents.
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