BORGWARNER DECLARES QUARTERLY DIVIDEND

BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share on April 26, 2023.

Rhea-AI Summary

BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share on April 26, 2023. This dividend is set to be paid on June 15, 2023, to stockholders of record by June 1, 2023. With over 130 years in the market, BorgWarner continues to lead in mobility innovation, now focusing on accelerating the transition to eMobility for a sustainable future. This dividend represents a commitment to providing returns for investors while fostering advancements in clean technology.

Positive

• Quarterly cash dividend declared at $0.17 per share, enhancing shareholder returns.
• Dividend payable on June 15, 2023, reflects company confidence in financial stability.

Negative

• None.

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AUBURN HILLS, Mich., April 27, 2023 /PRNewswire/ -- On April 26, 2023, 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, 2023, to stockholders of record on June 1, 2023.

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

FAQ

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

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

BorgWarner Inc. declared a dividend of $0.17 per share.

When will the dividend be paid to shareholders of BorgWarner (BWA)?

The dividend will be paid on June 15, 2023.

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

The record date for the dividend payment is June 1, 2023.

Is BorgWarner (BWA) committed to returning value to its shareholders?

Yes, BorgWarner's declaration of a cash dividend demonstrates its commitment to returning value to shareholders.