BorgWarner Declares Quarterly Dividend

Rhea-AI Summary

BorgWarner has declared a quarterly cash dividend of $0.17 per share, scheduled for payment on September 15, 2021. This dividend will benefit stockholders of record as of September 1, 2021. With a strong presence in sustainable mobility solutions, the company continues to leverage its expertise in the vehicle market and aftermarket services, employing around 50,000 staff across 96 locations in 23 countries.

Positive

• Quarterly dividend of $0.17 per share declared.
• Dividend payment boosts shareholder income.
• Company demonstrates ongoing commitment to returning value to shareholders.

Negative

• None.

AUBURN HILLS, Mich., July 29, 2021 /PRNewswire/ -- On July 28, 2021, 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, 2021 to stockholders of record on September 1, 2021.

BorgWarner is a global product leader in sustainable mobility solutions for the vehicle market. Building on its original equipment expertise, BorgWarner also brings market leading product and service solutions to the global aftermarket. With manufacturing and technical facilities in 96 locations in 23 countries, the Company employs approximately 50,000 worldwide. For more information, please visit borgwarner.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/borgwarner-declares-quarterly-dividend-301343661.html

SOURCE BorgWarner

FAQ

What is the dividend amount declared by BorgWarner?

BorgWarner declared a quarterly cash dividend of $0.17 per share.

When will the BorgWarner dividend be paid?

The dividend will be paid on September 15, 2021.

Who is eligible for the BorgWarner dividend?

Stockholders of record as of September 1, 2021, are eligible for the dividend.