BELOIT, Wis., Oct. 25, 2018 /PRNewswire/ -- Mark J.
Gliebe, Chairman and Chief Executive Officer of Regal Beloit
Corporation (NYSE: RBC), announced that the Board of Directors, at
its regular quarterly meeting held October
25, 2018, declared a dividend of $0.28 per share. The dividend is payable on
January 11, 2019, to shareholders of
record at the close of business on December
28, 2018. The company has paid a dividend every quarter
since January 1961.
Regal Beloit Corporation (NYSE: RBC) is a leading manufacturer
of electric motors, electrical motion controls, power generation
and power transmission products serving customers throughout the
world. We create a better tomorrow by developing and responsibly
producing energy-efficient products and systems.
Our company is comprised of three operating segments: Commercial
and Industrial Systems, Climate Solutions and Power Transmission
Solutions. Regal is headquartered in Beloit, Wisconsin and has manufacturing, sales
and service facilities worldwide. For more information, visit
RegalBeloit.com.
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SOURCE Regal Beloit Corporation