BELOIT, Wis., April 25, 2016 /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 April
25, 2016, declared a dividend of $0.24 per share. The dividend is payable on
July 15, 2016, to shareholders of
record at the close of business on July
1, 2016. This represents the
224th consecutive quarterly dividend declared by
the Company and is the 11th annual increase out of the
past 12 years.
Regal Beloit Corporation (NYSE: RBC) is a leading manufacturer
of electric motors, electrical motion controls, power generation
and power transmission products serving markets throughout the
world. The company is comprised of three business
segments: Commercial and Industrial Systems, Climate Solutions
and Power Transmission Solutions. Regal is headquartered in
Beloit, Wisconsin, and has
manufacturing, sales and service facilities throughout the United States, Canada, Mexico, Europe and Asia. For more information, visit
RegalBeloit.com
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SOURCE Regal Beloit Corporation