BELOIT, Wis., Oct. 27, 2016 /PRNewswire/ -- Mark J. Gliebe, Chairman and Chief Executive Officer of Regal Beloit Corporation (NYSE: RBC), announced that the Board of Directors, at its regular quarterly meeting held on October 27, 2016, declared a dividend of $.24 per share. The dividend is payable on January 13, 2017 to shareholders of record at the close of business on December 30, 2016. This represents the 226th consecutive quarterly dividend declared by the Company.
Regal Beloit Corporation (NYSE: RBC) is a leading manufacturer of electric motors, electrical motion controls, power generation and power transmission products serving markets throughout the world. The company is comprised of three business segments: Commercial and Industrial Systems, Climate Solutions and Power Transmission Solutions. Regal is headquartered in Beloit, Wisconsin, and has manufacturing, sales and service facilities throughout the United States, Canada, Mexico, Europe and Asia. For more information, visit RegalBeloit.com
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SOURCE Regal Beloit Corporation
Robert Cherry, Vice President - Investor Relations, 608-361-7530, Robert.Cherry@regalbeloit.com