BORGWARNER DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

BorgWarner Inc. (BWA) Declares Quarterly Dividend of $0.11 per Share, Emphasizing Commitment to eMobility Innovation

Positive

• The company's declaration of a quarterly cash dividend demonstrates financial stability and commitment to rewarding shareholders.
• BorgWarner's focus on eMobility innovation aligns with the growing trend towards sustainable and cleaner energy solutions.

Negative

• None.

AUBURN HILLS, Mich., July 27, 2023 /PRNewswire/ -- On July 26, 2023, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock.  The dividend is payable on September 15, 2023, to stockholders of record on September 1, 2023.

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 dividend declared by BorgWarner Inc. (BWA)?

BorgWarner Inc. (BWA) declared a quarterly cash dividend of $0.11 per share of common stock.

When is the dividend payable to stockholders of BorgWarner Inc. (BWA)?

The dividend is payable on September 15, 2023, to stockholders of record on September 1, 2023.

What is the focus of BorgWarner Inc. (BWA) on eMobility?

BorgWarner Inc. (BWA) is accelerating the world's transition to eMobility to help build a cleaner, healthier, safer future for all.