Autoliv Inc. (ALV) Plans Quarterly Dividend of $0.62

Autoliv Inc. (NYSE:ALV) declared a quarterly dividend on Wednesday, February 20th, Wall Street Journal reports. Investors of record on Wednesday, May 22nd will be paid a dividend of 0.62 per share by the auto parts company on Friday, June 7th. This represents a $2.48 annualized dividend and a yield of 3.47%. The ex-dividend date of this dividend is Tuesday, May 21st.

Autoliv has increased its dividend by an average of 3.5% per year over the last three years and has increased its dividend every year for the last 9 years. Autoliv has a payout ratio of 31.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Autoliv to earn $7.80 per share next year, which means the company should continue to be able to cover its $2.48 annual dividend with an expected future payout ratio of 31.8%.

Shares of ALV opened at $71.51 on Thursday. The company has a market cap of $6.21 billion, a P/E ratio of 10.47, a price-to-earnings-growth ratio of 1.35 and a beta of 1.35. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.87 and a current ratio of 1.14. Autoliv has a twelve month low of $67.26 and a twelve month high of $115.37.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, April 26th. The auto parts company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.57 by ($0.37). The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.19 billion. Autoliv had a net margin of 2.03% and a return on equity of 27.29%. Autoliv’s revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.66 EPS. Analysts predict that Autoliv will post 6.76 earnings per share for the current year.

In other news, insider Svante Mogefors sold 1,524 shares of the firm’s stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $80.69, for a total value of $122,971.56. Following the sale, the insider now owns 643 shares in the company, valued at $51,883.67. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.19% of the company’s stock.

Several brokerages recently weighed in on ALV. Nordea Equity Research lowered shares of Autoliv from a “buy” rating to a “hold” rating in a research report on Monday, April 29th. Barclays reiterated a “sell” rating and set a $57.00 price target on shares of Autoliv in a report on Sunday, March 31st. Zacks Investment Research upgraded Autoliv from a “sell” rating to a “hold” rating in a report on Wednesday, April 10th. BMO Capital Markets reiterated a “hold” rating and set a $79.00 price target on shares of Autoliv in a report on Wednesday, January 30th. Finally, Mizuho reiterated a “hold” rating and set a $80.00 price target on shares of Autoliv in a report on Tuesday, January 29th. Nine analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $89.96.

ILLEGAL ACTIVITY WARNING: “Autoliv Inc. (ALV) Plans Quarterly Dividend of $0.62” was originally published by WKRB News and is owned by of WKRB News. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at

About Autoliv

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry. The company offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.

Further Reading: Net Margin – Understanding the Different Kinds of Profit

Dividend History for Autoliv (NYSE:ALV)

Receive News & Ratings for Autoliv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv and related companies with's FREE daily email newsletter.