Autoliv, Inc. (ALV) To Go Ex-Dividend on May 20th

Autoliv, Inc. (NYSE:ALV) announced a quarterly dividend on Wednesday, May 6th. Investors of record on Wednesday, May 20th will be given a dividend of 0.87 per share by the auto parts company on Monday, June 8th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date is Wednesday, May 20th.

Autoliv has increased its dividend 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 payout ratio of 33.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Autoliv to earn $11.94 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 29.1%.

Autoliv Stock Up 0.1%

Autoliv stock opened at $114.91 on Monday. Autoliv has a 52 week low of $98.45 and a 52 week high of $130.14. The stock has a market cap of $8.60 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 0.77 and a beta of 1.31. The company’s 50-day moving average price is $110.78 and its two-hundred day moving average price is $117.68. The company has a current ratio of 1.08, a quick ratio of 0.82 and a debt-to-equity ratio of 0.64.

Autoliv (NYSE:ALV) last issued its quarterly earnings results on Saturday, April 18th. The auto parts company reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.84 by $0.21. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.61 billion. During the same period in the prior year, the business posted $2.15 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. On average, analysts expect that Autoliv will post 10.53 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.