Rexnord Corporation Approves an Initial Quarterly Dividend, Payable on March 6, 2020
January 27, 2020 at 07:00 am
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The board of directors of Rexnord Corporation approved an initial $0.08 per-share quarterly dividend to be paid on March 6, 2020 to shareholders of record as of February 21, 2020, which represents the first common stock dividend the company has paid since its 2012 initial public offering.
Zurn Elkay Water Solutions Corp is a pure-play water management company. The Company designs, procures, manufactures, and markets a sustainable product portfolio of specification-driven water management solutions to improve health, human safety and the environment. The Company's product portfolio includes professional grade water safety and control products, flow system products, hygienic and environmental products, and filtered drinking water products for public and private spaces. Its products are marketed and sold under various brand names, including Zurn, Elkay, Wilkins, Green Turtle, World Dryer, StainlessDrains.com, JUST, Hadrian, Wade, and Halsey Taylor. It serves various range of institutional and commercial end markets, and waterworks and residential end markets. The institutional construction end users include education, healthcare, and government segments. The commercial construction end users include retail, office, lodging, dining, warehouse, and sports arena segments.