Regal Rexnord Corporation Declares Quarterly Dividend Increase of 6%

Regal Rexnord Corporation (NYSE: RRX) declared a quarterly dividend of $0.35 per share on April 25, 2022, payable on July 14, 2022.

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Rhea-AI Summary

Regal Rexnord Corporation (NYSE: RRX) declared a quarterly dividend of $0.35 per share on April 25, 2022, payable on July 14, 2022. Shareholders of record as of June 30, 2022, will receive this dividend. Regal Rexnord has consistently paid dividends since January 1961. The company specializes in industrial powertrain solutions and is committed to energy-efficient products. Headquartered in Beloit, Wisconsin, Regal Rexnord operates across four segments: Motion Control, Climate Solutions, Commercial Systems, and Industrial Systems.

Positive

Quarterly dividend of $0.35 declared, consistent with a long history of dividend payments since 1961.

Negative

None.

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04/25/2022 - 07:56 PM EDT

BELOIT, Wis., April 25, 2022 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on April 25, 2022, declared a dividend of $0.35 per share. The dividend is payable on July 14, 2022, to shareholders of record at the close of business on June 30, 2022. The company has paid a dividend every quarter since January 1961.

Regal Rexnord Corporation is a global leader in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electronics, serving customers throughout the world. Through longstanding technology leadership and an intentional focus on producing the most energy-efficient products and systems, Regal Rexnord helps create a better tomorrow – for its customers and for the planet.

Regal Rexnord is comprised of four operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems and Industrial Systems. Regal Rexnord is headquartered in Beloit, Wisconsin and has manufacturing, sales, and service facilities worldwide. For more information, visit RegalRexnord.com.

View original content:https://www.prnewswire.com/news-releases/regal-rexnord-corporation-declares-quarterly-dividend-increase-of-6-301532465.html

SOURCE Regal Rexnord Corporation

FAQ

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What is the dividend amount declared by Regal Rexnord on April 25, 2022?

The dividend amount declared is $0.35 per share.

When is the dividend payment date for Regal Rexnord's latest dividend?

The dividend payment date is July 14, 2022.

What date do shareholders need to be on record to receive the dividend?

Shareholders must be on record by June 30, 2022, to receive the dividend.

How long has Regal Rexnord been paying dividends?

Regal Rexnord has been paying dividends since January 1961.

What are the operating segments of Regal Rexnord?

Regal Rexnord operates in four segments: Motion Control Solutions, Climate Solutions, Commercial Systems, and Industrial Systems.

Regal Rexnord Corporation Declares Quarterly Dividend Increase of 6%