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Baldor Electric Company Reports 3rd Quarter 2009 Dividend

FORT SMITH, Ark., Aug 04, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baldor Electric Company (NYSE: BEZ) markets, designs and manufactures industrial electric motors, mechanical power transmission products, drives and generators. Baldor made the following announcement today after the recent Board of Directors meeting.

Cash Dividend ... The Board of Directors declared a cash dividend of $0.17 per share on the Company's common stock payable on September 30, 2009, to shareholders of record on September 9, 2009.

Upcoming Events ... During the remainder of the quarter, the Company will participate in the following conferences:

    --  Jefferies CEO Summit on August 11, 2009 in Chicago
    --  Canaccord Adams Global Growth Conference on August 12, 2009 in Boston
    --  Sidoti Institutional Investor Forum on September 11, 2009 in San
        Francisco

    --  Sterne Agee Best Ideas Conference on September 16, 2009 in Milwaukee

http://www.baldor.com

BEZ-G

SOURCE Baldor Electric Company

http://www.baldor.com

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