RBC Bearings Incorporated
RBCRBC Bearings Incorporated is a manufacturer of highly engineered precision plain, roller, and ball bearings, as well as related products used in various industrial, aerospace, and defense applications. The company focuses on providing high-performance bearing solutions to OEMs and end-users across multiple industries, including aerospace, industrial, and mobile markets.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 15, 2005 | $0.12 | 2005-03-29 | 2005-03-31 |
| January 17, 2005 | $0.12 | 2004-12-29 | 2004-12-31 |
| October 15, 2004 | $0.12 | 2004-09-28 | 2004-09-30 |
| July 15, 2004 | $0.12 | 2004-06-28 | 2004-06-30 |
| April 15, 2004 | $0.12 | 2004-03-29 | 2004-03-31 |
Dividends Summary
- Consistent Payer: RBC Bearings Incorporated has rewarded shareholders with 5 dividend payments over the past 1 years.
- Total Returned Value: Investors who held RBC shares during this period received a total of $0.60 per share in dividend income.
- Latest Payout: The most recent dividend of $0.12/share was paid 7588 days ago, on April 15, 2005.
- Dividend Growth: Since 2004, the dividend payout has grown by 0.0%, from $0.12 to $0.12.
- Dividend Reliability: RBC has maintained or increased its dividend for 5 consecutive payments.
Company News
ESCO Technologies has sold VACCO Industries to RBC Bearings for approximately $275 million, completing a previously announced transaction with customary working capital adjustments.
The global Ball Bearing Market is expected to grow from $25.24 billion in 2023 to $33.24 billion by 2032, at a CAGR of 3.5% from 2024-2032. The growth is driven by rising demand for machinery and equipment in various industries, as well as advancements in technology and manufacturing.
RBC Bearings Incorporated reported better-than-expected Q1 FY2025 adjusted earnings, but its revenues missed the Zacks Consensus Estimate. The company's Industrial segment saw a year-over-year decline, while the Aerospace/Defense segment grew. RBC Bearings also provided guidance for the fiscal second quarter.
RBC Bearings (NYSE:RBC) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewh...
Strength in the Aerospace/Defense segment augurs well for RBC Bearings (RBC). The company's measures to reward its shareholders are promising.
