tiprankstipranks
Company Announcements

BorgWarner Declares Quarterly Dividend Amidst Financial Results

Story Highlights
BorgWarner Declares Quarterly Dividend Amidst Financial Results

Discover the Best Stocks and Maximize Your Portfolio:

BorgWarner ( (BWA) ) has issued an update.

On February 5, 2025, BorgWarner’s Board declared a quarterly dividend of $0.11 per share, payable on March 17, 2025. BorgWarner reported its 2024 financial results, highlighting a decrease in net sales and earnings but maintaining a strong cash flow. The company secured new business awards, expecting continued sales growth and a stable operating margin in 2025 despite market challenges.

More about BorgWarner

BorgWarner Inc. operates in the automotive industry, specializing in producing powertrain solutions and components such as turbochargers, transfer cases, and eMotors. The company focuses on enhancing the performance and efficiency of vehicles, including hybrids and electric vehicles, catering to a global market with significant operations in North America and China.

YTD Price Performance: -0.48%

Average Trading Volume: 2,278,156

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.82B

For an in-depth examination of BWA stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1