BorgWarner Declares Quarterly Dividend
Rhea-AI Summary
BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share, effective December 15, 2021, for stockholders of record on December 1, 2021. The company, a leader in sustainable mobility solutions, operates in 96 locations across 22 countries with approximately 50,000 employees. This dividend declaration reflects the company's commitment to returning value to shareholders while reinforcing its position in the global automotive market.
AI-generated analysis. Not financial advice.
Positive
- Quarterly cash dividend of $0.17 per share declared.
- Dividend payment reinforces shareholder value.
Negative
- None.
News Market Reaction – BWA
On the day this news was published, BWA gained 1.10%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AUBURN HILLS, Mich., Nov. 10, 2021 /PRNewswire/ -- On November 9, 2021, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of
BorgWarner is a global product leader in sustainable mobility solutions for the vehicle market. 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 96 locations in 22 countries, the Company employs approximately 50,000 worldwide. For more information, please visit borgwarner.com.
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SOURCE BorgWarner