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Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share.

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Regal Rexnord (NYSE: RRX) has declared a quarterly dividend of $0.35 per share, payable on October 11, 2024, to shareholders of record at the close of business on September 27, 2024. This announcement, made by CEO Louis Pinkham, continues the company's tradition of paying dividends every quarter since January 1961.

Regal Rexnord is a global company with 30,000 associates, specializing in sustainable solutions for powering, transmitting, and controlling motion. The company operates in three segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Its products serve various end markets benefiting from secular demand trends, including factory automation, aerospace, medical, and alternative energy.

Regal Rexnord (NYSE: RRX) ha dichiarato un dividendo trimestrale di $0,35 per azione, che sarà pagato il 11 ottobre 2024, agli azionisti registrati alla chiusura degli affari del 27 settembre 2024. Questo annuncio, fatto dal CEO Louis Pinkham, prosegue la tradizione dell'azienda di pagare dividendi ogni trimestre fin dal gennaio 1961.

Regal Rexnord è un'azienda globale con 30.000 collaboratori, specializzata in soluzioni sostenibili per alimentare, trasmettere e controllare il movimento. L'azienda opera in tre segmenti: Soluzioni per Powertrain Industriale, Soluzioni per l'Efficienza Energetica e Automazione & Controllo del Movimento. I suoi prodotti servono vari mercati finali che beneficiano di tendenze di domanda a lungo termine, inclusi automazione industriale, aerospaziale, medicale e energie alternative.

Regal Rexnord (NYSE: RRX) ha declarado un dividendo trimestral de $0,35 por acción, que se pagará el 11 de octubre de 2024 a los accionistas registrados al cierre de operaciones del 27 de septiembre de 2024. Este anuncio, realizado por el CEO Louis Pinkham, continúa la tradición de la empresa de pagar dividendos cada trimestre desde enero de 1961.

Regal Rexnord es una compañía global con 30,000 asociados, especializada en soluciones sostenibles para impulsar, transmitir y controlar el movimiento. La empresa opera en tres segmentos: Soluciones de Tren Motriz Industrial, Soluciones de Eficiencia Energética y Automatización & Control de Movimiento. Sus productos atienden a varios mercados finales que se benefician de tendencias de demanda a largo plazo, incluyendo la automatización de fábricas, la industria aeroespacial, la medicina y la energía alternativa.

레갈 렉스노르드 (NYSE: RRX)는 주당 $0.35의 분기 배당금을 선언했으며, 이는 2024년 10월 11일에 지급될 예정이고, 2024년 9월 27일 영업 종료 시점의 주주들에게 지급됩니다. 이 발표는 CEO 루이 핑캄에 의해 이루어졌으며, 1961년 1월 이후 매 분기 배당금을 지급하는 회사의 전통을 이어가고 있습니다.

레갈 렉스노르드는 30,000명의 직원이 있는 글로벌 기업으로, 전력 공급, 전달 및 움직임 제어를 위한 지속 가능한 솔루션을 전문으로 하고 있습니다. 이 회사는 산업 파워트레인 솔루션, 에너지 효율 솔루션, 자동화 및 모션 제어의 세 가지 부문에서 운영됩니다. 그 제품은 공장 자동화, 항공우주, 의료 및 대체 에너지를 포함한 다양한 최종 시장의 지속적인 수요 트렌드를 통해 혜택을 받습니다.

Regal Rexnord (NYSE: RRX) a déclaré un dividende trimestriel de 0,35 $ par action, payable le 11 octobre 2024, aux actionnaires inscrits à la clôture des opérations le 27 septembre 2024. Cette annonce, faite par le PDG Louis Pinkham, perpétue la tradition de l'entreprise de verser des dividendes chaque trimestre depuis janvier 1961.

Regal Rexnord est une entreprise mondiale comptant 30 000 collaborateurs, spécialisée dans des solutions durables pour alimenter, transmettre et contrôler le mouvement. L'entreprise opère dans trois segments : Solutions de transmission industrielle, Solutions d'efficacité énergétique et Automatisation & Contrôle du mouvement. Ses produits répondent à divers marchés finaux bénéficiant de tendances de demande à long terme, notamment l'automatisation des usines, l'aérospatial, le médical et les énergies alternatives.

Regal Rexnord (NYSE: RRX) hat eine vierteljährliche Dividende von 0,35 $ pro Aktie erklärt, die am 11. Oktober 2024 an Aktionäre ausgezahlt wird, die zum Geschäftsschluss am 27. September 2024 im Aktienregister stehen. Diese Ankündigung, die von CEO Louis Pinkham gemacht wurde, setzt die Tradition des Unternehmens fort, seit Januar 1961 jedes Quartal Dividenden auszuzahlen.

Regal Rexnord ist ein globales Unternehmen mit 30.000 Mitarbeitern und spezialisiert auf nachhaltige Lösungen zur Energieversorgung, -übertragung und -steuerung von Bewegungen. Das Unternehmen ist in drei Segmente unterteilt: Industrielle Antriebslösungen, Energieeffizienzlösungen und Automatisierung & Bewegungssteuerung. Die Produkte des Unternehmens bedienen verschiedene Teilmärkte, die von langfristigen Nachfragetrends profitieren, darunter Fabrikautomation, Luft- und Raumfahrt, Medizintechnik und alternative Energie.

Positive
  • Consistent dividend payment since 1961, indicating financial stability
  • Diverse product portfolio serving multiple high-growth end markets
  • Global presence with 30,000 associates worldwide
  • Focus on sustainable solutions aligning with market trends
Negative
  • None.

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.

Cision 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

FAQ

What is the dividend amount declared by Regal Rexnord (RRX) for Q3 2024?

Regal Rexnord (RRX) has declared a quarterly dividend of $0.35 per share for Q3 2024.

When is the dividend payable for Regal Rexnord (RRX) shareholders?

The dividend is payable on October 11, 2024, to Regal Rexnord (RRX) shareholders of record at the close of business on September 27, 2024.

How long has Regal Rexnord (RRX) been paying quarterly dividends?

Regal Rexnord (RRX) has been paying a dividend every quarter since January 1961, demonstrating a long history of consistent shareholder returns.

What are the main operating segments of Regal Rexnord (RRX)?

Regal Rexnord (RRX) operates in three main segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control.

Regal Rexnord Corporation

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11.59B
66.54M
0.52%
102.02%
1.52%
Specialty Industrial Machinery
General Industrial Machinery & Equipment, Nec
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United States of America
MILWAUKEE