BorgWarner Inc. (BWA) to Distribute Quarterly Dividend of $0.17 on September 15th

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

BorgWarner has decreased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 1 consecutive 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 $5.86 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 11.6%.

BorgWarner Stock Performance

Shares of BWA opened at $64.25 on Friday. BorgWarner has a 52 week low of $40.50 and a 52 week high of $78.82. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. The firm has a market capitalization of $13.09 billion, a P/E ratio of 32.12, a P/E/G ratio of 1.15 and a beta of 1.10. The stock has a 50 day moving average price of $65.59 and a two-hundred day moving average price of $62.07.

BorgWarner (NYSE:BWAGet Free Report) last announced its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.28 by $0.14. The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The firm’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.21 earnings per share. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Equities analysts forecast that BorgWarner will post 5.2 earnings per share for the current fiscal year.

BorgWarner declared that its board has authorized a share buyback plan on Wednesday, August 5th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the auto parts company to repurchase up to 7.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

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.

Further Reading

Dividend History for BorgWarner (NYSE:BWA)

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