BELOIT, Wis., April 28, 2020 /PRNewswire/ -- Louis
Pinkham, Chief Executive Officer of Regal Beloit Corporation
(NYSE: RBC), announced that the Board of Directors, at its regular
quarterly meeting held on April 27,
2020, declared a dividend of $0.30 per share. The dividend is payable on
July 10, 2020, to shareholders of
record at the close of business on June 26,
2020. The company has paid a dividend every quarter since
January 1961.
Regal Beloit Corporation is a global leader in the engineering
and manufacturing of electric motors and controls, power generation
solutions, 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 four operating segments: Commercial
Systems, 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.
View original
content:http://www.prnewswire.com/news-releases/regal-beloit-corporation-announces-dividend-301048763.html
SOURCE Regal Beloit Corporation