Regal Beloit Declares Dividend
BELOIT, Wis., Jan. 30, 2012 /PRNewswire/ — Mark J. Gliebe, president and Chief Executive Officer of REGAL BELOIT CORPORATION (NYSE: RBC), announced that the Board of Directors, at their regular quarterly meeting held on January 27, 2012, declared a dividend of $.18 per share payable on April 13, 2012, to shareholders of record at the close of business on March 30, 2012. The dividend represents the 207(th) consecutive dividend declared by the Company.
Regal Beloit Corporation is a leading manufacturer of electric motors, mechanical and electrical motion controls and power generation products serving markets throughout the world. Regal Beloit is headquartered in Beloit, Wisconsin, and has manufacturing, sales and service facilities throughout the United States, Canada, Mexico, Europe and Asia. Regal Beloit’s common stock is a component of the S&P Mid Cap 400 Index and the Russell 2000 Index.
SOURCE Regal Beloit Corporation