MILWAUKEE, July 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 July
21, 2024, declared a dividend of $0.35 per share. The dividend is payable on
October 11, 2024, to shareholders of
record at the close of business on September
27, 2024. The company has paid a dividend every quarter
since January 1961.
About Regal Rexnord
Regal Rexnord's 30,000 associates around the world help create a
better tomorrow by providing sustainable solutions that power,
transmit and control motion. The Company's electric motors and air
moving subsystems provide the power to create motion. A portfolio
of highly engineered power transmission components and subsystems
efficiently transmits motion to power industrial applications. The
Company's automation offering, comprised of controls, actuators,
drives, and precision motors, controls motion in applications
ranging from factory automation to precision control in surgical
tools.
The Company's end markets benefit from meaningful secular demand
tailwinds, and include factory automation, food & beverage,
aerospace, medical, data center, warehouse, alternative energy,
residential and commercial buildings, general industrial,
construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments:
Industrial Powertrain Solutions, Power Efficiency Solutions, and
Automation & Motion Control. Regal Rexnord is headquartered in
Milwaukee, Wisconsin and has
manufacturing, sales and service facilities worldwide. For more
information, including a copy of our Sustainability Report,
visit RegalRexnord.com.
View original
content:https://www.prnewswire.com/news-releases/regal-rexnord-corporation-declares-quarterly-dividend-of-35-per-share-302203034.html
SOURCE Regal Rexnord Corporation