5 Best Mid-Cap Dividend Aristocrats To Buy

2. Regal Rexnord Corporation (NYSE:RRX)

Number of Hedge Fund Holders: 33

Regal Rexnord Corporation (NYSE:RRX) is an American manufacturer of electric motors and also manufactures and markets a wide range of engineered products and solutions for diverse industries. The company pays a quarterly dividend of $0.25 per share and has a dividend yield of 0.81%, as of March 10.

The number of hedge funds in Insider Monkey’s database owning stakes in Regal Rexnord Corporation (NYSE:RRX) grew to 33 in Q4 2023, from 30 a quarter earlier. The overall value of these stakes is more than $458 million. With over 3 million shares, Diamond Hill Capital was the company’s leading stakeholder in Q4.

Follow Regal Rexnord Corp (NYSE:RRX)