Regal Beloit Corporation Announces Dividend
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BELOIT, Wis., Jan. 22, 2019 /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 on January 19, 2019, declared a dividend of $0.28 per share. The dividend is payable on April 12, 2019, to shareholders of record at the close of business on March 29, 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
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