RBC - Dividend announcements

RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, aerospace and defense markets, today reported results for the fourth quarter and full year fiscal 2026. Fourth Quarter Financial Highlights Fourth quarter net sales of $518.0 million increased 18.3% over last year, Aerospace & Defense up 41.2% and Industrial up 5.5%. Gross margin of 44.4% for the fourth quarter of fiscal 2026 compared to 44.2% last year; Adjusted gross margin of 45.3% compared to 44.2% last year. Fourth quarter net income attributable to common stockholders as a percentage of net sales of 17.7%

RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the third quarter fiscal 2026. Third Quarter Financial Highlights Third quarter net sales of $461.6 million increased 17.0% over last year, Aerospace/Defense up 41.5% and Industrial up 3.1%. Gross margin of 44.3% for the third quarter of fiscal 2026 compared to 44.3% last year; Adjusted gross margin of 45.1% compared to 44.3% last year. Third quarter net income attributable to common stockholders as a percentage of net sales of 14.6% vs 14.4% last year

RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter fiscal 2026. Second Quarter Financial Highlights Second quarter net sales of $455.3 million increased 14.4% over last year, Aerospace/Defense up 38.8% and Industrial up 0.7%. Gross margin of 44.1% for the second quarter of fiscal 2026 compared to 43.7% last year; Adjusted gross margin of 44.9% compared to 43.7% last year. Second quarter net income attributable to common stockholders as a percentage of net sales of 13.2% vs 12.2% last

RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the first quarter fiscal 2026. First Quarter Financial Highlights First quarter net sales of $436.0 million increased 7.3% over last year, Aerospace/Defense up 10.4% and Industrial up 5.5%. Gross margin of 44.8% for the first quarter of fiscal 2026 compared to 45.3% last year; Adjusted gross margin of 45.4% compared to 45.3% last year. First quarter net income attributable to common stockholders as a percentage of net sales of 15.7% vs 13.7% last yea

RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the fourth quarter and full year fiscal 2025. Fourth Quarter Financial Highlights Fourth quarter net sales of $437.7 million increased 5.8% over last year, Aerospace/Defense up 10.6% and Industrial up 3.3%. Gross margin of 44.2% for the fourth quarter of fiscal 2025 compared to 43.1% last year. Fourth quarter net income attributable to common stockholders as a percentage of net sales of 16.6% vs 13.5% last year; Adjusted EBITDA as a percentage of net sales

RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the third quarter of fiscal 2025. Third Quarter Financial Highlights Net sales of $394.4 million increased 5.5% over last year; Aerospace/Defense segment up 10.7% and Industrial segment up 2.7%. Gross margin of 44.3% compared to 42.3% last year. Net income attributable to common stockholders increased 39.6% over last year, up 34.7% on an adjusted basis. Diluted EPS was $1.82, a 30.9% increase over last year; Adjusted Diluted EPS was $2.34, a 26.5%

RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2025. Second Quarter Financial Highlights Net sales of $397.9 million increased 3.2% over last year, Aerospace/Defense up 12.5% and Industrial down 1.4%. Gross margin of 43.7% compared to 43.1% last year. Net income attributable to common stockholders increased 5.6% over last year, up 6.2% on an adjusted basis. Diluted EPS was $1.65, a 4.4% increase over last year; Adjusted Diluted EPS was $2.29, a 5.1% increase over last year.

RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the first quarter fiscal 2025. First Quarter Financial Highlights First quarter net sales of $406.3 million increased 5.0% over last year, Aerospace/Defense up 23.7% and Industrial down 3.5%. Gross margin of 45.3% for the first quarter of fiscal 2025 compared to 43.4% last year. First quarter net income attributable to common stockholders as a percentage of net sales of 13.7% vs 11.4% last year. Adjusted EBITDA as a percentage of net sales

RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the fourth quarter and full year fiscal 2024. Fourth Quarter Financial Highlights Fourth quarter net sales of $413.7 million increased 4.9% over last year, Aerospace/Defense up 16.8% and Industrial down 0.4%. Gross margin of 43.1% for the fourth quarter of fiscal 2024 compared to 42.2% last year. Fourth quarter net income attributable to common stockholders as a percentage of net sales of 13.5% vs 11.0% last year; Adjusted EBITDA as a percentag

RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the third quarter of fiscal 2024. Third Quarter Financial Highlights Third quarter net sales of $373.9 million increased 6.3% over last year, Aerospace/Defense up 22.5% and Industrial down 0.6%. Gross margin of 42.3% in the third quarter of fiscal 2024 compared to 41.5% for the same quarter last year. Third quarter net income as a percentage of net sales of 12.5% vs 10.3% last year; Adjusted EBITDA as a percentage of net sales of 29.3% vs 29.4%

RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2024. Second Quarter Financial Highlights Second quarter net sales of $385.6 million increased 4.4% over last year, Aerospace/Defense up 22.9 % and Industrial down 2.8 %. Gross margin of 43.1% in the second quarter of fiscal 2024 compared to 40.9 % for the same quarter last year. Second quarter net income as a percentage of net sales of 13.4% vs 11.9% last year; Adjusted EBITDA as a percentage of net sales of 31.7 %

RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the first quarter of fiscal 2024. First Quarter Financial Highlights First quarter net sales of $387.1 million increased 9.3% over last year, Aerospace/Defense up 21.2% and Industrial up 4.7%. Gross margin of 43.4% in the first quarter of fiscal 2024 compared to 39.9% for the same quarter last year. Up 400bps from adjusted gross margin for fiscal year 2022. First quarter net income as a percentage of net sales of 12.9% vs 10.6% last year; Adjuste

RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the fourth quarter of fiscal 2023. Key Highlights Fourth quarter net sales of $394.4 million increased 9.9% over last year. Full year net sales of $1,469.3 million increased 55.8%, increase of 11.5% excluding Dodge. Fourth quarter net income as a percentage of net sales of 12.5% vs 8.8% last year; Adjusted EBITDA as a percentage of net sales of 30.7% vs 29.1% last year. Full year net income as a percentage of net sales of 11.3% vs 5.8% last

RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the third quarter of fiscal 2023. Key Highlights Third quarter net sales of $351.6 million increased 31.7% over last year; organic net sales up 12.7%. Industrial segment third quarter organic net sales up 11.8% year over year and Aerospace/Defense segment third quarter net sales up 13.2%. Third quarter net income as a percentage of net sales of 10.3% vs 0.2% last year; adjusted EBITDA as a percentage of net sales of 29.4% vs 26.7% last year. Term l

RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2023. Key Highlights Second quarter net sales of $369.2 million increased 129.4% over last year; organic net sales up 9.9%. Industrial segment organic net sales up 7.9% and Aerospace/Defense segment net sales up 11.4%. Second quarter EBITDA of 28.4% vs last year EBITDA of 26.1%; adjusted EBITDA of 29.5% vs last year adjusted EBITDA of 28.2%. Second quarter GAAP diluted EPS $1.31, adjusted diluted EPS $1.93. Second Q

BELOIT, Wis. & MILWAUKEE, Sept. 27, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC) and Rexnord Corporation (NYSE:RXN) today announced additional details regarding the anticipated completion of the combination of Regal and the Process & Motion Control ("PMC") Business of Rexnord.  Under the terms of the transaction, Rexnord will spin-off the PMC Business by way of a pro rata dividend (the "Spin-Off Dividend") of all of the outstanding common stock of Rexnord's wholly owned subsidiary, Land Newco, Inc. ("Land"), the owner of the PMC Business, to Rexnord stockholders as of the record date for the dividend. Immediately following the spin-off Regal will acquire Land in a stock-for-stock

BELOIT, Wis., Sept. 20, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors and systems, published its 2021 Sustainability Report. The report reaffirms Regal's strategic commitment to making energy efficiency and sustainable manufacturing processes top considerations when developing all new or redesigned products. Investing in Regal's associates, leveraging the company's technology leadership to create products and solutions that customers value, adhering to 80/20 principals, and remaining guided by the Regal Values also remain strategic pillars. This year's sustaina

BELOIT, Wis. and MILWAUKEE, Sept. 17, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC) and Rexnord Corporation (NYSE:RXN) today announced additional details regarding the anticipated completion of the combination of Regal and the Process & Motion Control ("PMC") Business of Rexnord.  Under the terms of the transaction, Rexnord will spin-off the PMC Business by way of a pro rata dividend (the "Spin-Off Dividend") of all of the outstanding common stock of Rexnord's wholly owned subsidiary, Land Newco, Inc. ("Land"), the owner of the PMC Business, to Rexnord stockholders as of the record date for the dividend. Immediately following the spin-off Regal will acquire Land in a stock-for-sto

BELOIT, Wis. and MILWAUKEE, Sept. 13, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC) and Rexnord Corporation (NYSE:RXN) today announced that they expect to complete the proposed combination of the Process & Motion Control Business of Rexnord with Regal through a Reverse Morris Trust transaction on October 4, 2021, subject to satisfaction or waiver of the applicable closing conditions.  Following completion of the transactions, (a) Regal will change its name to "Regal Rexnord Corporation" and its shares of common stock will trade on the NYSE under the ticker symbol "RRX" and (b) Rexnord Corporation will change its name to "Zurn Water Solutions Corporation" and its shares of common s

BELOIT, Wis., Sept. 1, 2021  /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC) today announced that, at a special meeting of the shareholders ("the Special Meeting") held on September 1, 2021, Regal shareholders overwhelmingly1 approved the issuance of shares of Regal common stock necessary to complete the previously announced combination of Rexnord Corporation's (NYSE:RXN) Process & Motion Control ("PMC") business with Regal in a Reverse Morris Trust transaction. In addition, Regal shareholders overwhelmingly approved the amendment and restatement of Regal's Articles of Incorporation to effect a change in the company name to "Regal Rexnord Corporation" and to increase the num

BELOIT, Wis., Aug. 27, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors and systems, is announcing the recent addition of its new Century® VGreen Evo™ pool pump motor. Driven by advanced variable speed technology, the new VGreen Evo motor is among the most energy efficient pool pump motors in the industry. Regal's variable speed motors are up to 80% more efficient than traditional standard single speed motors.[1] The VGreen Evo motor also enables pool pump OEMs to comply with more stringent U.S. Department of Energy efficiency standards, which became effective st

BELOIT, Wis., Aug. 19, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors and systems, today announced that contingent on closing its planned merger with Rexnord Corporation's Process & Motion Control segment ("PMC"), Regal's power transmission business, which will be comprised of its current Power Transmission Solutions segment ("PTS") and PMC, will be re-named Motion Control Solutions ("MCS"). In addition, Kevin J. Zaba, currently President of PMC, will lead MCS and Jerry Morton, who currently serves as President of PTS will become President, Integration – Motion

BELOIT, Wisc. and MILWAUKEE, Aug. 18, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC) and Rexnord Corporation (NYSE:RXN) today announced that Rexnord received the private letter ruling ("PLR") from the U.S. Internal Revenue Service ("IRS") in connection with the combination of Rexnord's Process & Motion Control business ("PMC") with Regal through a Reverse Morris Trust ("RMT") transaction. Commenting on receipt of the PLR, Regal CEO, Louis Pinkham said "We are excited about receipt of the IRS private letter ruling, which is a crucial milestone in the process of bringing together Regal and Rexnord PMC – two highly complementary businesses that together create a premier global provide

BELOIT, Wis., July 26, 2021 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Beloit Corporation (NYSE:RBC), announced that the Board of Directors, at its regular quarterly meeting held on July 26, 2021, declared a dividend of $0.33 per share. The dividend is payable on October 15, 2021, to shareholders of record at the close of business on October 1, 2021. The company has paid a dividend every quarter since January 1961. Regal Beloit Corporation is a global leader in the engineering and manufacturing of electric motors and controls, power generation solutions, and power transmission products serving customers throughout the world. We create a better tomorrow by developing and

BELOIT, Wis., April 26, 2021 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Beloit Corporation (NYSE:RBC), announced that the Board of Directors, at its regular quarterly meeting held on April 26, 2021, declared a dividend of $0.33 per share. The dividend represents a 10% increase and is payable on July 16, 2021, to shareholders of record at the close of business on July 2, 2021. The company has paid a dividend every quarter since January 1961. Regal Beloit Corporation is a global leader in the engineering and manufacturing of electric motors and controls, power generation solutions, and power transmission products serving customers throughout the world. We create a better t

BELOIT, Wis. and MILWAUKEE, Feb. 16, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) and Rexnord Corporation (NYSE: RXN) today announced that they have reached a definitive agreement whereby Rexnord will separate its Process & Motion Control ("PMC") segment by way of a tax-free spin-off to Rexnord shareholders and then immediately combine it with Regal in a Reverse Morris Trust ("RMT") transaction. Regal shareholders will own 61.4% and Rexnord shareholders will own 38.6% of the combined entity ("New Regal"), before a potential dividend to Regal shareholders and a corresponding ownership adjustment to Rexnord shareholders, sized at closing to ensure that RMT ownership requirement

BELOIT, Wis., Jan. 25, 2021 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Beloit Corporation (NYSE: RBC), announced that the Board of Directors, at its regular quarterly meeting held on January 25, 2021, declared a dividend of $0.30 per share. The dividend is payable on April 16, 2021, to shareholders of record at the close of business on April 1, 2021. The company has paid a dividend every quarter since January 1961. Regal Beloit Corporation is a global leader in the engineering and manufacturing of electric motors and controls, power generation solutions, and power transmission products serving customers throughout the world. We create a better tomorrow by developing a