Regal Beloit Corporation Announces Dividend

Regal Beloit Corporation (NYSE: RBC) declared a quarterly dividend of $0.30 per share on October 22, 2020, payable on January 15, 2021.

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Rhea-AI Summary

Regal Beloit Corporation (NYSE: RBC) declared a quarterly dividend of $0.30 per share on October 22, 2020, payable on January 15, 2021. This dividend is for shareholders of record by the close of business on December 31, 2020. Regal has consistently paid dividends quarterly since January 1961. The company specializes in electric motors, controls, power generation, and transmission products globally, with a commitment to developing energy-efficient solutions.

Positive

Declared quarterly dividend of $0.30 per share.
Consistent dividend payments since January 1961.

Negative

None.

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10/22/2020 - 04:32 PM EDT

BELOIT, Wis., Oct. 22, 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 October 22, 2020, declared a dividend of $0.30 per share. The dividend is payable on January 15, 2021, to shareholders of record at the close of business on December 31, 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.

The 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-301158421.html

SOURCE Regal Beloit Corporation

FAQ

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What is the dividend amount for RBC?

The dividend amount for Regal Beloit Corporation (RBC) is $0.30 per share.

When is the RBC dividend payable?

The RBC dividend is payable on January 15, 2021.

What is the record date for the RBC dividend?

The record date for the RBC dividend is December 31, 2020.

How often does Regal Beloit Corporation pay dividends?

Regal Beloit Corporation pays dividends quarterly.

Since when has RBC been paying dividends?

RBC has been paying dividends since January 1961.

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Regal Beloit Corporation Announces Dividend