BorgWarner Declares Quarterly Dividend

BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share on November 11, 2020.

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Rhea-AI Summary

BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share on November 11, 2020. The dividend will be paid on December 15, 2020, to shareholders recorded on December 1, 2020. This reflects BorgWarner's commitment to returning value to its investors. BorgWarner is a leader in clean and efficient technology solutions for various vehicle types and operates in 99 locations across 24 countries, employing approximately 48,000 people worldwide.

Positive

Declared quarterly cash dividend of $0.17 per share
Dividend payment scheduled for December 15, 2020
Commitment to returning value to shareholders

Negative

None.

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News Market Reaction – BWA

The recorded move for BWA in the trading session of this news was -5.94%.

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11/12/2020 - 06:30 AM EST

AUBURN HILLS, Mich., Nov. 12, 2020 /PRNewswire/ -- On November 11, 2020, the board of directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on December 15, 2020 to shareholders of record on December 1, 2020.

BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. Building on its original equipment expertise, BorgWarner also brings market leading product and service solutions to the global aftermarket. With manufacturing and technical facilities in 99 locations in 24 countries, the company employs approximately 48,000 worldwide. For more information, please visit borgwarner.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/borgwarner-declares-quarterly-dividend-301171367.html

SOURCE BorgWarner

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by BorgWarner (BWA) for November 2020?

BorgWarner declared a dividend of $0.17 per share.

When is the dividend payment date for BorgWarner (BWA)?

The dividend will be paid on December 15, 2020.

What is the record date for the BorgWarner (BWA) dividend?

The record date is December 1, 2020.

How often does BorgWarner (BWA) pay dividends?

BorgWarner typically pays dividends quarterly.

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