BELOIT, Wis., July 22 /PRNewswire-FirstCall/ -- Henry W. Knueppel, Chairman and Chief Executive Officer of REGAL BELOIT CORPORATION , announced that the Board of Directors, at their regular quarterly meeting held on Tuesday, July 22, 2008, declared a dividend of $.16 per share payable on October 15, 2008, to shareholders of record at the close of business on September 26, 2008. The dividend represents the 193rd consecutive dividend declared by the Company.
Regal Beloit Corporation is a leading manufacturer of mechanical and electrical motion control and power generation products serving markets throughout the world. Regal Beloit is headquartered in Beloit, Wisconsin, and has manufacturing, sales, and service facilities throughout the United States, Canada, Mexico, Europe and Asia.
