Autoliv, Inc. (ALV) to Issue Quarterly Dividend of $0.87 on September 15th

Autoliv, Inc. (NYSE:ALV) announced a quarterly dividend on Thursday, August 13th. Stockholders of record on Friday, August 28th will be given a dividend of 0.87 per share by the auto parts company on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, August 28th.

Autoliv has increased its dividend by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 1 years. Autoliv has a dividend payout ratio of 33.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Autoliv to earn $11.60 per share next year, which means the company should continue to be able to cover its $3.48 annual dividend with an expected future payout ratio of 30.0%.

Autoliv Price Performance

Shares of ALV opened at $122.04 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.79 and a current ratio of 1.03. The firm has a market cap of $8.94 billion, a PE ratio of 14.37, a PEG ratio of 0.97 and a beta of 1.34. The firm’s 50 day moving average price is $120.90 and its 200 day moving average price is $118.21. Autoliv has a twelve month low of $99.16 and a twelve month high of $132.17.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, July 17th. The auto parts company reported $2.43 EPS for the quarter, missing the consensus estimate of $2.46 by ($0.03). Autoliv had a return on equity of 29.36% and a net margin of 5.79%.The business had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same period in the previous year, the company earned $2.21 earnings per share. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. As a group, research analysts expect that Autoliv will post 10.04 EPS for the current fiscal year.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.