BorgWarner Declares Quarterly Dividend

BorgWarner Inc. (NYSE: BWA) has declared a quarterly cash dividend of $0.17 per share, payable on September 15, 2020 to shareholders on record as of September 1, 2020.

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Rhea-AI Sentiment

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Rhea-AI Summary

BorgWarner Inc. (NYSE: BWA) has declared a quarterly cash dividend of $0.17 per share, payable on September 15, 2020 to shareholders on record as of September 1, 2020. This decision reflects the company’s commitment to returning value to its shareholders. Known for its innovative technology solutions in the automotive sector, BorgWarner operates globally with approximately 29,000 employees across 67 locations in 19 countries, emphasizing sustainability in combustion, hybrid, and electric vehicle technologies.

Positive

Dividend of $0.17 per share payable on September 15, 2020, indicating strong cash flow.
Commitment to returning value to shareholders reflects company confidence.

Negative

None.

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-1.37% session move Open Argus

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News Market Reaction – BWA

The recorded move for BWA in the trading session of this news was -1.37%.

Data tracked by StockTitan Argus. Session date unavailable.

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07/30/2020 - 04:30 PM EDT

AUBURN HILLS, Mich., July 30, 2020 /PRNewswire/ -- 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 September 15, 2020 to shareholders of record on September 1, 2020.

BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. With manufacturing and technical facilities in 67 locations in 19 countries, the company employs approximately 29,000 worldwide. For more information, please visit borgwarner.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/borgwarner-declares-quarterly-dividend-301103301.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) in July 2020?

BorgWarner declared a dividend of $0.17 per share.

When is the dividend payable for BorgWarner (BWA)?

The dividend is payable on September 15, 2020.

Who qualifies for the BorgWarner (BWA) dividend?

Shareholders of record as of September 1, 2020, qualify for the dividend.

What does BorgWarner (BWA) focus on in terms of technology?

BorgWarner focuses on clean and efficient technology solutions for combustion, hybrid, and electric vehicles.

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