Regal Rexnord Stock: Quarterly Dividend Declared (RRX)

By Amit Chowdhry ● Jan 24, 2023
  • The Regal Rexnord (RRX) board has declared a quarterly dividend. These are the details.

Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (RRX), announced that the Board of Directors, at its regular quarterly meeting held on January 23, 2023, declared a dividend of $0.35 per share. And the dividend is payable on April 14, 2023, to shareholders of record at the close of business on March 31, 2023. The company has paid a dividend every quarter since January 1961.

Regal Rexnord is known as 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 electrical components and systems, serving customers throughout the world. Regal Rexnord is comprised of 4 operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems, and Industrial Systems.

Dividend Overview

Dividend amount: $0.35 per share

Dividend timing: Payable on April 14, 2023, to shareholders of record at the close of business on March 31, 2023