Autoliv, Inc. (NYSE:ALV) Declares $0.70 Quarterly Dividend

Autoliv, Inc. (NYSE:ALV - Get Free Report) declared a quarterly dividend on Friday, February 21st, NASDAQ Dividends reports. Shareholders of record on Friday, March 7th will be paid a dividend of 0.70 per share by the auto parts company on Monday, March 24th. This represents a $2.80 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Friday, March 7th.

Autoliv has increased its dividend payment by an average of 13.4% per year over the last three years. Autoliv has a payout ratio of 25.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Autoliv to earn $10.89 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 25.7%.

Autoliv Trading Up 0.9 %

Shares of Autoliv stock traded up $0.85 during mid-day trading on Monday, hitting $98.26. The stock had a trading volume of 513,940 shares, compared to its average volume of 770,518. The firm has a 50-day moving average of $95.80 and a two-hundred day moving average of $96.58. The firm has a market cap of $7.64 billion, a P/E ratio of 12.18, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv has a 12-month low of $89.51 and a 12-month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last posted its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. Sell-side analysts forecast that Autoliv will post 9.58 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. HSBC lowered shares of Autoliv from a "buy" rating to a "hold" rating and reduced their price objective for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Mizuho reduced their price target on shares of Autoliv from $115.00 to $112.00 and set an "outperform" rating on the stock in a research note on Monday, February 3rd. Pareto Securities cut shares of Autoliv to a "hold" rating in a research report on Monday, February 3rd. Daiwa America raised Autoliv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 7th. Finally, StockNews.com upgraded Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday, January 23rd. Nine equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $117.23.

About Autoliv

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.