|Bid||47.43 x 900|
|Ask||47.44 x 900|
|Day's Range||46.70 - 48.15|
|52 Week Range||17.00 - 48.39|
|Beta (5Y Monthly)||1.63|
|PE Ratio (TTM)||20.45|
|Forward Dividend & Yield||0.68 (1.44%)|
|Ex-Dividend Date||Feb 26, 2021|
|1y Target Est||N/A|
On February 11, 2021, BorgWarner (NYSE:BWA) declared a dividend payable on March 15, 2021 to its shareholders. BorgWarner also announced that shareholders on the company's books on or before March 1, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for BorgWarner will be on February 26, 2021. The company's current dividend payout is at $0.17. That equates to a dividend yield of 1.56% at current price levels. What Is An Ex-Dividend Date? Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis. BorgWarner's Dividend Performance Over the past year, BorgWarner has seen its dividend payouts remain the same and its yields trend downward. Last year on February 28, 2020 the company's payout sat at $0.17, which has returned to its value today. BorgWarner's dividend yield last year was 1.96%, which has since decreased by 0.4%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. To read more about BorgWarner click here. See more from BenzingaClick here for options trades from BenzingaBorgWarner: Q4 Earnings InsightsEarnings Scheduled For February 11, 2021© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Readers hoping to buy BorgWarner Inc. ( NYSE:BWA ) for its dividend will need to make their move shortly, as the stock...
QuantumScape reported quarterly results for the first time since its trading debut, after BorgWarner announced it will buy EV battery maker Akasol.