Borg-Warner Automotive Declares Quarterly Dividend
17 July 1997
Borg-Warner Automotive Declares Quarterly DividendCHICAGO, July 17 -- The board of directors of Borg-Warner Automotive, Inc. declared a quarterly dividend of $0.15 per share on all of the company's issued and outstanding common stock. The dividend is payable August 15, 1997, to shareholders of record on August 1, 1997. Chicago-based Borg-Warner Automotive, Inc. is a leading supplier of highly engineered components and systems primarily for automotive drivetrain applications. The company operates manufacturing facilities in 12 countries serving the North American, European and Asian automotive markets. SOURCE Borg-Warner Automotive, Inc.