Regal Rexnord Corporation Declares Quarterly Dividend of $.33 per share

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Regal Rexnord Corporation (NYSE: RRX) announced a quarterly dividend of $0.33 per share, payable on April 14, 2022, to shareholders on record by March 31, 2022. The company has maintained a consistent dividend payment since January 1961. Regal Rexnord, a global leader in industrial powertrain solutions, focuses on energy-efficient products across four operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems, and Industrial Systems. The CEO emphasized the company's commitment to technology leadership and sustainable practices.

Positive

• Declared quarterly dividend of $0.33 per share, reinforcing shareholder income.
• Consistent dividend payments since January 1961 showcase financial stability and company confidence.

Negative

• None.

BELOIT, Wis., Jan. 24, 2022 /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 January 24, 2022, declared a dividend of $0.33 per share. The dividend is payable on April 14, 2022, to shareholders of record at the close of business on March 31, 2022. The company has paid a dividend every quarter since January 1961.

Regal Rexnord Corporation is a global leader in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electronics, serving customers throughout the world. Through longstanding technology leadership and an intentional focus on producing the most 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: Motion Control Solutions, Climate Solutions, Commercial Systems 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

FAQ

What is the dividend amount declared by Regal Rexnord Corporation?

The dividend amount declared is $0.33 per share.

When is the dividend payable for Regal Rexnord Corporation?

The dividend is payable on April 14, 2022.

What is the record date for the dividend?

The record date for the dividend is March 31, 2022.

How long has Regal Rexnord been paying dividends?

Regal Rexnord has been paying dividends every quarter since January 1961.

What are the main business segments of Regal Rexnord Corporation?

The main segments are Motion Control Solutions, Climate Solutions, Commercial Systems, and Industrial Systems.