Regal-Beloit (RBC) Raises Quarterly Dividend 7.1% to $0.30; 1.4% Yield

Regal-Beloit (NYSE: RBC) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 7.1% increase from the prior dividend of $0.28.

The dividend will be payable on July 12, 2019, to stockholders of record on June 28, 2019, with an ex-dividend date of June 27, 2019.

The annual yield on the dividend is 1.4 percent.

"Regal continues to generate strong operating cash flow enabling us to reinvest in the business, pursue strategic growth opportunities, and return capital to shareholders. Over the last two years, we have returned over $91 million to our shareholders through regular quarterly dividends," said Regal CEO Louis Pinkham.

For a dividend history and other dividend-related data on Regal-Beloit (RBC) click here.

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