BorgWarner Declares Quarterly Dividend
Rhea-AI Summary
BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share on November 11, 2020. The dividend will be paid on December 15, 2020, to shareholders recorded on December 1, 2020. This reflects BorgWarner's commitment to returning value to its investors. BorgWarner is a leader in clean and efficient technology solutions for various vehicle types and operates in 99 locations across 24 countries, employing approximately 48,000 people worldwide.
Positive
- Declared quarterly cash dividend of $0.17 per share
- Dividend payment scheduled for December 15, 2020
- Commitment to returning value to shareholders
Negative
- None.
News Market Reaction – BWA
On the day this news was published, BWA declined 5.94%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AUBURN HILLS, Mich., Nov. 12, 2020 /PRNewswire/ -- On November 11, 2020, the board of directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of
BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. 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 99 locations in 24 countries, the company employs approximately 48,000 worldwide. For more information, please visit borgwarner.com.
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SOURCE BorgWarner