Autoliv, Inc. (ALV) To Go Ex-Dividend on March 4th

Autoliv, Inc. (NYSE:ALV) declared a quarterly dividend on Thursday, February 19th. Shareholders of record on Wednesday, March 4th will be paid a dividend of 0.87 per share by the auto parts company on Thursday, March 19th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, March 4th.

Autoliv has increased 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. Research 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 Down 1.9%

Shares of NYSE ALV opened at $118.43 on Monday. The business has a 50-day moving average price of $123.80 and a 200 day moving average price of $122.04. The stock has a market cap of $8.85 billion, a PE ratio of 12.39, a price-to-earnings-growth ratio of 0.99 and a beta of 1.32. The company has a quick ratio of 0.79, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. Autoliv has a 52-week low of $75.49 and a 52-week high of $130.14.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 30th. The auto parts company reported $3.19 EPS for the quarter, topping the consensus estimate of $2.85 by $0.34. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the business earned $3.05 EPS. Equities research analysts forecast that Autoliv will post 9.51 earnings per share for the current 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.