BELOIT, Wis., Oct. 24, 2019 /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 October 24, 2019, declared a dividend of
$0.30 per share. The dividend is
payable on January 10, 2020, to
shareholders of record at the close of business on December 27, 2019. The company has paid a
dividend every quarter since January
1961.
Regal Beloit Corporation (NYSE: RBC) is a leading manufacturer
of electric motors and controls, power generation products 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