BELOIT, Wis., Jan. 22, 2018 /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 January 20, 2018, declared a dividend of
$0.26 per share. The dividend is
payable on April 13, 2018, to
shareholders of record at the close of business on March 29, 2018. The company has paid a dividend
every quarter since January 1961.
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.
View original
content:http://www.prnewswire.com/news-releases/regal-beloit-corporation-announces-dividend-300585617.html
SOURCE Regal Beloit Corporation