BorgWarner Inc. (NYSE:BWA) Declares Quarterly Dividend of $0.17

BorgWarner Inc. (NYSE:BWAGet Free Report) announced a quarterly dividend on Thursday, July 30th. Investors of record on Tuesday, September 1st will be given a dividend of 0.17 per share by the auto parts company on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 1st.

BorgWarner has decreased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 1 years. BorgWarner has a dividend payout ratio of 14.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect BorgWarner to earn $5.70 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 11.9%.

BorgWarner Price Performance

BWA traded down $0.57 during trading on Friday, reaching $63.84. 1,931,061 shares of the company were exchanged, compared to its average volume of 2,873,972. BorgWarner has a 12-month low of $35.04 and a 12-month high of $78.82. The company’s 50-day moving average is $68.02 and its two-hundred day moving average is $59.51. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. The company has a market cap of $13.10 billion, a price-to-earnings ratio of 37.78, a P/E/G ratio of 1.33 and a beta of 1.09.

BorgWarner (NYSE:BWAGet Free Report) last posted its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The business had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. During the same quarter in the prior year, the firm posted $1.11 EPS. BorgWarner’s revenue was up .5% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Research analysts forecast that BorgWarner will post 5.16 earnings per share for the current fiscal year.

BorgWarner Company Profile

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BorgWarner Inc is a global automotive supplier specializing in propulsion and drivetrain solutions for combustion, hybrid and electric vehicles. The company’s product portfolio includes turbochargers, thermal management systems, transmission components, e-Propulsion modules and advanced fuel-efficiency technologies. BorgWarner serves original equipment manufacturers (OEMs) across passenger cars, light trucks and commercial vehicles, supporting both legacy internal-combustion engines and emerging electrification trends.

Founded in 1928 through the merger of several driveline companies, BorgWarner has grown through strategic acquisitions and continuous investment in research and development.

See Also

Dividend History for BorgWarner (NYSE:BWA)

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