BorgWarner Inc. (NYSE:BWA) announced a quarterly dividend on Thursday, November 14th, RTT News reports. Shareholders of record on Monday, December 2nd will be paid a dividend of 0.17 per share by the auto parts company on Monday, December 16th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.53%.
Shares of NYSE:BWA opened at $44.34 on Friday. The firm has a fifty day moving average of $39.44 and a two-hundred day moving average of $38.13. The firm has a market capitalization of $9.44 billion, a P/E ratio of 9.90, a price-to-earnings-growth ratio of 1.50 and a beta of 1.85. BorgWarner has a 12-month low of $30.71 and a 12-month high of $46.60. The company has a quick ratio of 1.26, a current ratio of 1.58 and a debt-to-equity ratio of 0.36.
BorgWarner (NYSE:BWA) last issued its earnings results on Thursday, October 31st. The auto parts company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. The company had revenue of $2.49 billion during the quarter, compared to analyst estimates of $2.39 billion. BorgWarner had a net margin of 7.43% and a return on equity of 19.43%. The company’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the business posted $1.00 EPS. Equities research analysts expect that BorgWarner will post 3.92 earnings per share for the current fiscal year.
BorgWarner Company Profile
BorgWarner Inc provides solutions for combustion, hybrid, and electric vehicles worldwide. It operates in two segments, Engine and Drivetrain. The Engine segment develops and manufactures turbochargers; eBoosters; and timing systems products, including timing chains, variable cam timing crankshaft and camshaft sprockets, tensioners, guides and snubbers, front-wheel drive transmission chains, four-wheel drive chains, and hybrid power transmission chains.
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