Autoliv, Inc. (ALV) to Issue Quarterly Dividend of $0.87 on December 9th

Autoliv, Inc. (NYSE:ALV – Get Free Report) declared a quarterly dividend on Monday, November 9th. Investors of record on Friday, November 20th will be given a dividend of $0.87 per share by the auto parts company on Wednesday, December 9th. This represents a $3.48 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, November 20th.

Autoliv has raised its dividend payment by an average of 0.2% annually over the last three years and has increased its dividend every year for the last 1 years. Autoliv has a dividend payout ratio of 33.1% meaning its dividend is sufficiently covered by earnings. Research 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 NYSE:ALV opened at $120.86 on Wednesday. The company has a quick ratio of 0.76, a current ratio of 1.02 and a debt-to-equity ratio of 0.68. The stock has a market cap of $8.70 billion, a PE ratio of 14.49, a PEG ratio of 1.04 and a beta of 1.36. The company’s fifty day moving average is $117.14 and its 200 day moving average is $118.24. Autoliv has a 52 week low of $99.16 and a 52 week high of $132.17.

Autoliv (NYSE:ALV – Get Free Report) last announced its quarterly earnings data on Friday, October 23rd. The auto parts company reported $2.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.04). Autoliv had a net margin of 5.62% and a return on equity of 28.89%. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period last year, the business posted $2.32 earnings per share. The firm’s quarterly revenue was down .5% compared to the same quarter last year. Research analysts anticipate that Autoliv will post 9.98 earnings per share for the current year.

About Autoliv

(Get Free Report)

Autoliv, Inc. develops and manufactures automotive safety systems and components for vehicle manufacturers around the world. Its products include airbags, seatbelts, steering wheels, inflators and related restraint-system components designed to help protect vehicle occupants in a crash. The company also develops safety solutions such as pedestrian-protection systems and works on technologies intended to improve vehicle safety. Its products are supplied to automakers across global markets, with manufacturing and engineering operations in multiple countries.

Read More

Dividend History for Autoliv (NYSE:ALV)

Receive News & Ratings for Autoliv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv and related companies with MarketBeat.com's FREE daily email newsletter.