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BALDOR ELECTRIC ANNOUNCES QUARTERLY DIVIDEND -- 1ST QUARTER 1992 AND ANNUAL MEETING RECORD DATE

 BALDOR ELECTRIC ANNOUNCES QUARTERLY DIVIDEND -- 1ST QUARTER 1992
 AND ANNUAL MEETING RECORD DATE
 FORT SMITH, Ark., Feb. 10 /PRNewswire/ -- The board of directors of Baldor Electric Company (NYSE: BEZ) at their meeting on Monday, Feb. 10, 1992, declared a regular quarterly dividend of $0.12 per share on the company's common stock.
 The cash dividend is payable on March 31, 1992, to stockholders of record on March 12, 1992.
 Also, at the meeting, the directors established March 18, 1992 as the record date for voting at the Annual Stockholders' Meeting to be held on May 2, 1992, in Fort Smith, Ark.
 -0- 2/10/92
 /CONTACT: R.S. Boreham Jr., chairman & CEO, or R.L. Qualls, president and COO of Baldor Electric, 501-646-4711/
 (BEZ) CO: Baldor Electric Company ST: Arkansas IN: MAC SU: DIV


BN-BR -- AT012 -- 8502 02/10/92 17:21 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 10, 1992
Words:143
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