BorgWarner Declares Quarterly Dividend
21 July 2000
BorgWarner Declares Quarterly DividendCHICAGO - The board of directors of BorgWarner Inc. has 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, 2000 to shareholders of record on August 1, 2000. Chicago-based BorgWarner is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The company operates 60 manufacturing and technical facilities in 13 countries. Customers include Ford, DaimlerChrysler, General Motors, Toyota, Caterpillar, Navistar, PSA and VW Group.