Autoliv, Inc. (NYSE:ALV) to Issue Quarterly Dividend of $0.87

Autoliv, Inc. (NYSE:ALV) announced a quarterly dividend on Thursday, February 19th. Investors of record on Wednesday, March 4th will be given a dividend of 0.87 per share by the auto parts company on Thursday, March 19th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, March 4th.

Autoliv has raised its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Autoliv has a dividend payout ratio of 33.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Autoliv to earn $10.83 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 32.1%.

Autoliv Stock Performance

Shares of ALV opened at $123.31 on Friday. The company has a market capitalization of $9.37 billion, a price-to-earnings ratio of 12.90, a price-to-earnings-growth ratio of 1.05 and a beta of 1.32. Autoliv has a 52-week low of $75.49 and a 52-week high of $130.14. The company has a quick ratio of 0.79, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. The stock has a 50 day moving average price of $123.72 and a 200 day moving average price of $121.60.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, January 30th. The auto parts company reported $3.19 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.34. Autoliv had a net margin of 6.80% and a return on equity of 30.42%. During the same quarter in the prior year, the firm posted $3.05 earnings per share. The firm’s revenue was up 7.7% compared to the same quarter last year. Research analysts predict that Autoliv will post 9.51 EPS for the current fiscal year.

About Autoliv

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.