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.

Positive

• Quarterly cash dividend of $0.17 per share declared.
• Dividend payment reinforces shareholder value.

Negative

• None.

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 $0.17 per share of common stock.  The dividend is payable on December 15, 2021 to stockholders of record on December 1, 2021.

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

FAQ

What is the dividend amount declared by BorgWarner?

BorgWarner declared a dividend of $0.17 per share.

When is the dividend payment date for BorgWarner?

The dividend is payable on December 15, 2021.

Who is eligible for the BorgWarner dividend?

Stockholders of record on December 1, 2021, are eligible for the dividend.

How often does BorgWarner pay dividends?

BorgWarner pays dividends quarterly.

Is the dividend sustainable for BorgWarner?

The sustainability of the dividend depends on BorgWarner's ongoing financial performance.