BORGWARNER DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share on February 9, 2022. The dividend will be paid on March 15, 2022 to stockholders of record as of March 1, 2022. As a leader in sustainable mobility solutions, BorgWarner operates in 96 locations across 22 countries and employs approximately 50,000 people globally. This dividend reflects the company's commitment to returning value to its shareholders while continuing to innovate in the vehicle market.

Positive

• Quarterly cash dividend declared at $0.17 per share, indicating financial stability.
• Dividend payment scheduled on March 15, 2022, rewarding shareholders.

Negative

• None.

AUBURN HILLS, Mich., Feb. 10, 2022 /PRNewswire/ -- On February 9, 2022, 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, 2022 to stockholders of record on March 1, 2022.

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 22 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-301479193.html

SOURCE BorgWarner

FAQ

What is the dividend amount declared by BorgWarner in February 2022?

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

When is the dividend payment date for BorgWarner's declared dividend?

The dividend payment date is March 15, 2022.

Who are the eligible shareholders for the dividend declared by BorgWarner?

Stockholders of record as of March 1, 2022, are eligible for the dividend.

How often does BorgWarner declare dividends?

BorgWarner typically declares dividends quarterly.

Is the dividend declared by BorgWarner sustainable?

The sustainability of the dividend can be assessed through the company's financial performance and market conditions.