BorgWarner Declares Quarterly Dividend

BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share, to be paid on June 15, 2021.

Rhea-AI Summary

BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share, to be paid on June 15, 2021. Stockholders recorded by June 1, 2021 will be eligible for this dividend. The company, a global leader in clean technology solutions for combustion, hybrid, and electric vehicles, operates 96 facilities across 24 countries with approximately 50,000 employees. This dividend reflects BorgWarner's ongoing commitment to returning value to shareholders while maintaining a strong operational presence worldwide.

Positive

• Quarterly cash dividend declared at $0.17 per share.
• Dividend payment scheduled for June 15, 2021, indicating company confidence.

Negative

• None.

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News Market Reaction – BWA

In the trading session that priced this news, BWA declined 2.18%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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AUBURN HILLS, Mich., April 29, 2021 /PRNewswire/ -- On April 28, 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 June 15, 2021 to stockholders of record on June 1, 2021.

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 96 locations in 24 countries, the company employs approximately 50,000 worldwide. For more information, please visit borgwarner.com.

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SOURCE BorgWarner

FAQ

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

BorgWarner declared a quarterly cash dividend of $0.17 per share.

When is the BorgWarner (BWA) dividend payable?

The dividend is payable on June 15, 2021.

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

The record date for the dividend is June 1, 2021.

How often does BorgWarner (BWA) pay dividends?

BorgWarner typically pays dividends quarterly.