Autoliv, Inc. (NYSE:ALV) Shareholders to Get $0.87 Quarterly Dividend

Autoliv, Inc. (NYSE:ALV) announced a quarterly dividend on Monday, November 9th. Shareholders 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 dividend on an annualized basis and a yield of 2.8%. 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 raised its dividend annually for the last 1 consecutive years. Autoliv has a payout ratio of 33.1% indicating that its dividend is sufficiently covered by earnings. 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 Stock Up 0.9%

Shares of NYSE ALV opened at $124.56 on Tuesday. Autoliv has a one year low of $99.16 and a one year high of $132.17. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.02 and a quick ratio of 0.76. The business’s fifty day moving average price is $117.15 and its 200-day moving average price is $118.26. The stock has a market capitalization of $8.97 billion, a PE ratio of 14.93, a P/E/G ratio of 1.05 and a beta of 1.36.

Autoliv (NYSE:ALV) 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). The firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.73 billion. Autoliv had a net margin of 5.62% and a return on equity of 28.89%. The company’s revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.32 earnings per share. On average, equities research analysts anticipate that Autoliv will post 9.98 EPS for the current year.

Autoliv Company Profile

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.

Autoliv’s roots date to 1953 in Sweden, and the company took its current form in 1997 through the merger of Autoliv AB and Morton ASP.