BELOIT,
Wis., July 24, 2023 /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 July 24, 2023, declared a dividend of
$0.35 per share. The dividend is
payable on October 13, 2023, to
shareholders of record at the close of business on September 29, 2023. 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, serving
customers around the world. Through longstanding technology
leadership and an intentional focus on producing more
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:
Automation & Motion Control, Industrial Powertrain Solutions,
Power Efficiency Solutions and Industrial Systems. Regal Rexnord is
headquartered in Beloit, Wisconsin
and has manufacturing, sales, and service facilities worldwide. For
more information, visit RegalRexnord.com.
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SOURCE Regal Rexnord Corporation