Borg-Warner Automotive Declares Quarterly Dividend
21 April 1999
Borg-Warner Automotive Declares Quarterly DividendCHICAGO, April 20 -- 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 17, 1999, to shareholders of record on May 3, 1999. Chicago-based Borg-Warner Automotive, Inc. is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The company operates 54 manufacturing and technical facilities in 13 countries. Customers include Ford, DaimlerChrysler, General Motors, Toyota, Caterpillar, Navistar and VW.