Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share.

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Regal Rexnord declared a quarterly dividend of $0.35 per share. The dividend will be payable on July 12, 2024, to shareholders of record on June 28, 2024. The company has a history of paying dividends every quarter since January 1961. Regal Rexnord is a global leader in engineering and manufacturing various industrial products and components. The company focuses on producing socially conscious and environmentally-friendly products to meet customer demands in various industries.

Positive

• Regal Rexnord declared a dividend of $0.35 per share, payable on July 12, 2024.
• The company has been paying dividends every quarter since January 1961.
• Regal Rexnord is known for its focus on producing socially conscious and environmentally-friendly products to meet customer demands in various industries.

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• None.

MILWAUKEE, Wis., April 22, 2024 /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 22, 2024, declared a dividend of $0.35 per share. The dividend is payable on July 12, 2024, to shareholders of record at the close of business on June 28, 2024. The company has paid a dividend every quarter since January 1961.

Regal Rexnord Corporation is a global leader in the engineering and manufacturing of factory automation sub-systems, industrial powertrain solutions, automation and mechanical power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems.

Through longstanding technology leadership and an intentional focus on producing more socially conscious and environmentally-friendly products and sub-systems, the Company is regularly addressing increasingly relevant secular demands of customers in the medical, alternative energy, aerospace, food & beverage, general industrial and warehouse/intralogistics end markets, among others. In short, Regal Rexnord's 32,100 associates around the world are proud to be working each day towards fulfilling the Company's purpose – helping create a better tomorrow – for its customers and for the planet.

Regal Rexnord is comprised of four operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, Automation & Motion Control and Industrial Systems. Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales, and service facilities worldwide. For more information, visit RegalRexnord.com.

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SOURCE Regal Rexnord Corporation

FAQ

When is the dividend payable for Regal Rexnord (RRX)?

The dividend of $0.35 per share is payable on July 12, 2024, to shareholders of record on June 28, 2024.

What is the dividend amount declared by Regal Rexnord (RRX)?

Regal Rexnord declared a quarterly dividend of $0.35 per share.

What is the history of dividend payments by Regal Rexnord (RRX)?

The company has been paying dividends every quarter since January 1961.

What does Regal Rexnord (RRX) focus on in its product offerings?

Regal Rexnord focuses on producing socially conscious and environmentally-friendly products to meet customer demands in various industries.