BORGWARNER DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share, payable on March 15, 2023, to stockholders of record by March 1, 2023. With over 130 years in the mobility sector, BorgWarner continues to innovate, focusing on eMobility to enhance sustainable transportation solutions. This dividend reflects the company's commitment to returning value to shareholders amid its ongoing transformation towards cleaner and safer future mobility.

Positive

• Quarterly cash dividend of $0.17 per share announced.
• Dividend payment demonstrates company's commitment to shareholder returns.
• Focus on eMobility aligns with market trends towards sustainability.

Negative

• None.

AUBURN HILLS, Mich., Feb. 9, 2023 /PRNewswire/ -- On February 8, 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 March 15, 2023, to stockholders of record on March 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/borgwarner-declares-quarterly-dividend-301742291.html

SOURCE BorgWarner

FAQ

When is BorgWarner's next dividend payment?

BorgWarner's next dividend payment is scheduled for March 15, 2023.

What is the amount of BorgWarner's quarterly dividend?

The quarterly dividend amount declared by BorgWarner is $0.17 per share.

Who is eligible for BorgWarner's dividend on March 15, 2023?

Stockholders of record by March 1, 2023, are eligible for the dividend payment.

How often does BorgWarner pay dividends?

BorgWarner pays dividends quarterly.

Is BorgWarner's dividend sustainable?

The sustainability of BorgWarner's dividend will depend on future financial performance and cash flow.