“We are pleased to announce RBC Bearings’ special dividend payment which
highlights the continued strength of our business as well as our
commitment to delivering value to our shareholders,” said Chairman,
President and Chief Executive Officer, Dr.
The board of directors opted for a special dividend payment, rather than
a regular reoccurring dividend, to allow greater flexibility given
About
RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision bearings and components. Founded in 1919, the Company is primarily focused on producing highly technical or regulated bearing products requiring sophisticated design, testing, and manufacturing capabilities for the diversified industrial, aerospace, and defense markets. Headquartered in Oxford, Connecticut, RBC Bearings currently employs approximately 2,361 people and operates 26 manufacturing facilities in five countries.
Source:
RBC Bearings
Daniel A. Bergeron, 203-267-5028
dbergeron@rbcbearings.com
or
FTI
Consulting
Michael Cummings, 617-897-1532
investors@rbcbearings.com