The use of a rewrite-based theorem prover for verifying properties of arithmetic circuits is discussed. A prover such as Rewrite Rule Laboratory (RRL) can be used effectively for establishing numbertheoretic properties of adders, multipliers and dividers. Since verification of adders and multipliers has been discussed elsewhere in earlier papers, the focus in this paper is on a divider circuit. An SRT division circuit similar to the one used in the Intel Pentium processor is mechanically verified using RRL. The number-theoretic correctness of the division circuit is established from its equational specification. The proof is generated automatically, and follows easily using the inference procedures for contextual rewriting and a decision procedure for the quantifier-free theory of numbers (Presburger arithmetic) already implemented in RRL. Additional enhancements to rewrite-based provers such as RRL that would further facilitate verifying properties of circuits with structure similar to that of the SRT division circuit are discussed.