Borg-Warner Automotive Declares Quarterly Dividend
25 January 1999
Borg-Warner Automotive Declares Quarterly DividendCHICAGO, Jan. 22 -- 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 Feb. 16, 1999, to shareholders of record on Feb. 1, 1999. 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.