NEW YORK ( TheStreet) -- The ex-dividend date for BorgWarner (NYSE: BWA) is tomorrow, January 30, 2014. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $53.64 as of 9:50 a.m. ET, the dividend yield is 0.9%. The average volume for BorgWarner has been 1.5 million shares per day over the past 30 days. BorgWarner has a market cap of $12.22 billion and is part of the consumer goods sector and automotive industry. Shares are down 3.4% year to date as of the close of trading on Tuesday. BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. The company has a P/E ratio of 20.7, above the S&P 500 P/E ratio of 17.7.
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