BORGWARNER DECLARES QUARTERLY DIVIDEND

BorgWarner Inc. (NYSE: BWA), a global leader in mobility innovation, has announced a quarterly cash dividend of $0.11 per share of common stock.

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Rhea-AI Sentiment

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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

BorgWarner Inc. (NYSE: BWA), a global leader in mobility innovation, has announced a quarterly cash dividend of $0.11 per share of common stock. The dividend will be payable on September 16, 2024, to stockholders of record on September 3, 2024. This declaration was made by the company's Board of Directors on July 23, 2024.

BorgWarner, with a history spanning over 130 years, is known for its transformative role in the automotive industry. The company is currently focused on accelerating the world's transition to eMobility, aiming to contribute to a cleaner, healthier, and safer future for all.

Positive

Consistent dividend payment demonstrates financial stability
Commitment to shareholder returns through regular dividends
Long-standing history of over 130 years in the industry
Strategic focus on eMobility aligns with future market trends

Negative

None.

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-1.78% 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 -1.78%.

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07/24/2024 - 06:30 AM EDT

AUBURN HILLS, Mich., July 24, 2024 /PRNewswire/ -- On July 23, 2024, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock. The dividend is payable on September 16, 2024, to stockholders of record on September 3, 2024.

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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/borgwarner-declares-quarterly-dividend-302204221.html

SOURCE BorgWarner

FAQ

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

What is the amount of BorgWarner's (BWA) quarterly dividend for 2024?

BorgWarner (BWA) has declared a quarterly cash dividend of $0.11 per share of common stock for 2024.

When is the payment date for BorgWarner's (BWA) latest dividend?

The dividend is payable on September 16, 2024, to stockholders of record on September 3, 2024.

How often does BorgWarner (BWA) pay dividends?

Based on the announcement of a quarterly dividend, BorgWarner (BWA) appears to pay dividends on a quarterly basis.

What is BorgWarner's (BWA) current focus in the automotive industry?

BorgWarner (BWA) is currently focused on accelerating the world's transition to eMobility, aiming for a cleaner, healthier, and safer future.

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BORGWARNER DECLARES QUARTERLY DIVIDEND