BELOIT, Wis., Jan. 25, 2021 /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 January 25, 2021, declared a dividend of
$0.30 per share. The dividend is
payable on April 16, 2021, to
shareholders of record at the close of business on April 1, 2021. 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.
Our 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.
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SOURCE Regal Beloit Corporation