BORGWARNER DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share on April 27, 2022. This dividend will be payable on June 15, 2022 to shareholders of record as of June 1, 2022.

The company, a leader in mobility innovation for over 130 years, is focused on accelerating the transition to eMobility to promote a cleaner and safer future.

Positive

• Quarterly cash dividend of $0.17 per share declared.
• Commitment to eMobility aligns with future market trends.

Negative

• None.

AUBURN HILLS, Mich., April 28, 2022 /PRNewswire/ -- On April 27, 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 June 15, 2022 to stockholders of record on June 1, 2022.

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.

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SOURCE BorgWarner

FAQ

What is the amount of the dividend declared by BorgWarner (BWA)?

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

When will the BorgWarner dividend be paid?

The dividend will be paid on June 15, 2022.

What is the record date for BorgWarner's dividend?

The record date for the dividend is June 1, 2022.

Is the dividend from BorgWarner sustainable?

The press release does not provide information on the sustainability of the dividend.