BorgWarner Declares Quarterly Dividend

Rhea-AI Summary

BorgWarner Inc. (NYSE: BWA) announced a quarterly cash dividend of $0.17 per share, set to be paid on March 15, 2021, to stockholders of record by March 1, 2021. This declaration reflects the company's commitment to returning value to its shareholders amidst its focus on clean and efficient technology solutions for vehicles. BorgWarner operates globally with around 50,000 employees across 96 locations in 24 countries.

Positive

• Quarterly cash dividend of $0.17 per share announced.
• Dividend payment date of March 15, 2021, reflects commitment to shareholders.

Negative

• None.

AUBURN HILLS, Mich., Feb. 11, 2021 /PRNewswire/ -- On February 10, 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 March 15, 2021 to stockholders of record on March 1, 2021.

     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 96 locations in 24 countries, the company employs approximately 50,000 worldwide. For more information, please visit borgwarner.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/borgwarner-declares-quarterly-dividend-301226173.html

SOURCE BorgWarner

FAQ

What is the amount of BorgWarner's dividend for Q1 2021?

BorgWarner declared a dividend of $0.17 per share for Q1 2021.

When will the dividend be paid to shareholders?

The dividend will be paid on March 15, 2021.

What is the record date for BorgWarner's dividend?

The record date for the dividend is March 1, 2021.

How often does BorgWarner pay dividends?

BorgWarner typically pays dividends quarterly.

Is BorgWarner's dividend sustainable?

The sustainability of BorgWarner's dividend will depend on their ongoing financial performance.