Rexnord (RXN) Tops Q3 EPS by 6c, Revenues Beat; Lowers FY20 Adj. EBITDA Mid-Point Outlook Citing Impact of 737MAX Suspension

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Rexnord (RXN) PT Raised to $38 at Oppenheimer

January 30, 2020 6:08 AM EST

Oppenheimer analyst Bryan Blair raised the price target on Rexnord (NYSE: RXN) to $38.00 (from $36.00) while maintaining a Outperform rating.

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Rexnord (RXN) Initiates $0.08 Quarterly Dividend; Expands Buyback Plan

January 27, 2020 7:04 AM EST

Rexnord (NYSE: RXN) declared a quarterly dividend of $0.08 per share, or $0.32 annualized.

The dividend will be payable on March 6, 2020, to stockholders of record on February 21, 2020, with an ex-dividend date of February 20, 2020.

The annual yield on the dividend is 1 percent.

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Rexnord Corporation (NYSE: RXN) today announced that its... More