Borg-Warner Automotive Declares Quarterly Dividend
17 April 1998
Borg-Warner Automotive Declares Quarterly DividendCHICAGO, April 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 May 15, 1998, to shareholders of record on May 1, 1998. Chicago-based Borg-Warner Automotive, Inc. is a product leader in 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.