Regal Beloit Announces Dividend Increase
20 April 2007 - 4:38PM
PR Newswire (US)
BELOIT, Wis., April 20 /PRNewswire-FirstCall/ -- Henry W. Knueppel,
Chairman and Chief Executive Officer of Regal Beloit Corporation
(NYSE:RBC), announced that the Board of Directors, at their regular
quarterly meeting held on Friday, April 20, 2007, declared a
dividend of $.15 per share payable on July 18, 2007, to
shareholders of record at the close of business on June 29, 2007.
The dividend represents the 188th consecutive dividend declared by
the Company and is a 7.1% increase over the prior dividend rate.
Regal Beloit Corporation is a leading manufacturer of electrical
and mechanical motion control and power generation products serving
markets throughout the world. Regal Beloit is headquartered in
Beloit, Wisconsin, and has manufacturing, sales, and service
facilities throughout North America and in Mexico, Europe and Asia.
DATASOURCE: Regal Beloit Corporation CONTACT: David A. Barta, Vice
President, Chief Financial Officer, Regal Beloit Corporation,
+1-608-361-7405 Web site: http://www.regal-beloit.com/
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