Insights and updates

Regal Rexnord Company Publicizes Quarterly Dividend of $.35 consistent with proportion

[ad_1]

MILWAUKEE, Wis., Oct. 24, 2024 /PRNewswire/ — Louis Pinkham, Prominent Govt Officer of Regal Rexnord Company (NYSE: RRX), introduced that the Board of Administrators, at its ordinary quarterly assembly hung on October 24, 2024, declared a dividend of $0.35 consistent with proportion. The dividend is payable on January 14, 2025, to shareholders of document on the similar of commercial on December 31, 2024. The corporate has paid a dividend each quarter since January 1961.

About Regal Rexnord
Regal Rexnord’s 30,000 friends world wide assistance form a greater the next day by way of offering sustainable answers that energy, transmit and regulate movement. The Corporate’s electrical motors and wind transferring subsystems grant the facility to form movement. A portfolio of extremely engineered energy transmission parts and subsystems successfully transmits movement to energy business programs. The Corporate’s automation providing, produced from controls, actuators, drives, and precision motors, controls movement in programs starting from manufacturing unit automation to precision regulate in surgical gear.

The Corporate’s finish markets have the benefit of significant secular call for tailwinds, and come with manufacturing unit automation, meals & beverage, aerospace, scientific, information heart, storagefacility, supplementary power, residential and industrial structures, common business, development, metals and mining, and agriculture.

Regal Rexnord is produced from 3 working areas: Business Powertrain Answers, Energy Potency Answers, and Automation & Movement Keep an eye on. Regal Rexnord is headquartered in Milwaukee, Wisconsin and has production, gross sales and repair amenities international. For more info, together with a album of our Sustainability File, talk over with RegalRexnord.com.

SOURCE Regal Rexnord Company

WANT YOUR COMPANY’S NEWS FEATURED ON PRNEWSWIRE.COM?

icon3

440k+
Newsrooms &
Influencers

icon1

9k+
Virtual Media
Retailers

icon2

270k+
Newshounds
Opted In

[ad_2]

Source link