BorgWarner Declares Quarterly Dividend

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.

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.

Argus Publication session

+1.10% session move Open Argus

Details

News Market Reaction – BWA

In the trading session that priced this news, BWA gained 1.10%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/borgwarner-declares-quarterly-dividend-301417805.html

SOURCE BorgWarner

FAQ

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

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.