Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
BorgWarner (BWA) — Dividend Profile
Consumer Discretionary·Auto Parts:O.E.M.
11y payment streak1y growth streakActiveQuarterly
Forward Yield
1.08%
@ $63.21
TTM Yield
0.81%
Forward Annual
$0.68
Quarterly
Market Cap
$13.8b
Payout (FCF)
14%
7.0x covered
Payout (Earnings)
61%
Latest Amount
$0.1700
Ex 2026-03-02
3y CAGR
-32.8%
5y CAGR
-24.2%
10y CAGR
-8.2%
Next Ex-Date
2026-06-01
Last recorded cut on or near 2023-08-31.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: CleanYield Trap: Green0 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Safe (3.24)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
Elevated (34.5%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
7/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Safe
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
7.29×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +45.5%
✓ OK
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (39)
Ex-DateAmountFrequencyPay DateType
2026-06-01$0.1700Quarterly2026-06-15recurring
2026-03-02$0.1700Quarterly2026-03-16recurring
2025-12-01$0.1700Quarterly2025-12-15recurring
2025-09-02$0.1700Quarterly2025-09-15recurring
2025-03-03$0.1100Quarterly2025-03-17recurring
2024-12-02$0.1100Quarterly2024-12-16recurring
2024-09-03$0.1100Quarterly2024-09-16recurring
2024-02-29$0.1100Quarterly2024-03-15recurring
2023-11-30$0.1100Quarterly2023-12-15recurring
2023-08-31$0.1100Quarterly2023-09-15recurring
2023-05-31$0.1700Quarterly2023-06-15recurring
2023-02-28$0.1700Quarterly2023-03-15recurring
2022-11-30$0.1700Quarterly2022-12-15recurring
2022-08-31$0.1700Quarterly2022-09-15recurring
2022-05-31$0.1700Quarterly2022-06-15recurring
2022-02-28$0.1700Quarterly2022-03-15recurring
2021-11-30$0.1700Quarterly2021-12-15recurring
2021-08-31$0.1700Quarterly2021-09-15recurring
2021-05-28$0.1700Quarterly2021-06-15recurring
2021-02-26$0.1700Quarterly2021-03-15recurring
2020-11-30$0.1700Quarterly2020-12-15recurring
2020-08-31$0.1700Quarterly2020-09-15recurring
2020-05-29$0.1700Quarterly2020-06-15recurring
2020-02-28$0.1700Quarterly2020-03-16recurring
2019-11-29$0.1700Quarterly2019-12-16recurring
2019-08-30$0.1700Quarterly2019-09-16recurring
2019-05-31$0.1700Quarterly2019-06-17recurring
2019-02-28$0.1700Quarterly2019-03-15recurring
2018-11-30$0.1700Quarterly2018-12-17recurring
2018-08-31$0.1700Quarterly2018-09-17recurring
2018-05-31$0.1700Quarterly2018-06-15recurring
2018-02-28$0.1700Quarterly2018-03-15recurring
2017-11-30$0.1700Quarterly2017-12-15recurring
2017-08-30$0.1400Quarterly2017-09-15recurring
2017-05-30$0.1400Quarterly2017-06-15recurring
2017-02-27$0.1400Quarterly2017-03-15recurring
2016-11-29$0.1400Quarterly2016-12-15recurring
2016-08-30$0.1300Quarterly2016-09-15recurring
2016-05-27$0.1300Quarterly2016-06-15recurring