Autoliv, Inc. (ALV) To Go Ex-Dividend on August 28th

Autoliv, Inc. (NYSE:ALV) announced a quarterly dividend on Thursday, August 13th. Shareholders of record on Friday, August 28th will be paid a dividend of 0.87 per share by the auto parts company on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, August 28th.

Autoliv has increased 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 payout ratio of 33.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Autoliv to earn $11.61 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

NYSE:ALV opened at $124.09 on Wednesday. The company has a market cap of $9.09 billion, a P/E ratio of 14.62, a P/E/G ratio of 0.98 and a beta of 1.34. The firm’s fifty day moving average price is $120.36 and its two-hundred day moving average price is $118.05. 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 0.67, a current ratio of 1.03 and a quick ratio of 0.79.

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