BORGWARNER DECLARES A 55% INCREASE IN QUARTERLY DIVIDEND
Rhea-AI Summary
BorgWarner (NYSE: BWA) has announced a significant increase in its quarterly dividend. The company's Board of Directors declared a quarterly cash dividend of $0.17 per share of common stock, marking a substantial 55% increase from the previous dividend rate.
The dividend will be payable on September 15, 2025, to stockholders of record as of September 2, 2025. BorgWarner, a global leader in mobility innovation for over 130 years, continues to focus on accelerating the world's transition to eMobility.
Positive
- Substantial 55% increase in quarterly dividend to $0.17 per share
- Demonstrates strong financial position and commitment to shareholder returns
- Reflects company confidence in future cash flow generation
Negative
- None.
News Market Reaction
On the day this news was published, BWA gained 6.57%, reflecting a notable positive market reaction. Argus tracked a peak move of +2.7% during that session. Argus tracked a trough of -3.0% from its starting point during tracking. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $502M to the company's valuation, bringing the market cap to $8.14B at that time. Trading volume was elevated at 2.8x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility innovation to market. Today, we're accelerating the world's transition to eMobility -- to help build a cleaner, healthier, safer future for all.
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SOURCE BorgWarner