Autoliv Announces Dividend for First Quarter Payment
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Autoliv Declares a Quarterly Dividend
Autoliv, Inc. (NYSE: ALV), a global leader in automotive safety systems, has recently announced a quarterly dividend of 70 cents per share for the upcoming first quarter. This decision reflects the company’s continuous dedication to returning value to its shareholders, showcasing its robust financial position and commitment to shareholder benefits.
Details of the Dividend Payment
The declared dividend will be available to holders of record on the close of business on a specified date. The payment will occur shortly after for two categories of stockholders: common stockholders on a designated day and holders of Swedish Depository Receipts (SDRs) shortly after.
Key Dates to Remember
It is important for shareholders to note the crucial dates surrounding this dividend announcement. The payment will be issued for Autoliv common stock and SDRs on two separate but proximate dates, ensuring that both types of investors receive their dividends punctually.
Inquiries and Contact Information
Investors and analysts can direct their inquiries to Anders Trapp and Henrik Kaar, who represent Autoliv's investor relations team. Their commitment to transparency and open communication is evident in their readiness to engage with the investment community.
Media Contacts
The public relations team, led by Gabriella Etemad, is also available for any media queries, reinforcing Autoliv's commitment to maintaining a good relationship with the media and the public.
About Autoliv, Inc.
Founded with a focus on enhancing automotive safety, Autoliv, Inc. (NYSE: ALV) is classified as the world’s foremost developer of safety systems for vehicles, including airbags and seatbelts. They not only produce these essential components but also engage in innovative mobility safety solutions, impacting the safety standards across the automotive industry.
In its relentless pursuit to save lives, Autoliv has made significant strides, claiming that their products were responsible for saving nearly 37,000 lives in a recent year alone, while also minimizing over 600,000 injuries. This accomplishment underscores their pivotal role in the automotive safety landscape.
Commitment to Innovation
With operations spanning 25 countries and significant investment in research and development, Autoliv is at the forefront of innovation within automotive safety. They employ roughly 65,000 dedicated individuals who are committed to their mission of saving more lives, demonstrating that quality is central to their operations.
The Financial Outlook
Looking forward, Autoliv continues to reflect a positive financial outlook. Their sales figures for the recent year showcased extraordinary resilience and growth, with total revenue reaching $10.4 billion.
Frequently Asked Questions
What is the dividend amount announced by Autoliv?
Autoliv has declared a quarterly dividend of 70 cents per share for the first quarter.
Who is eligible to receive the Autoliv dividend?
All shareholders of record will be eligible, including both common stockholders and holders of Swedish Depository Receipts (SDRs).
When will the dividend be paid?
The dividend will be payable shortly after holders of record are confirmed on the cut-off date.
How does Autoliv contribute to automotive safety?
Autoliv develops a variety of safety systems such as airbags and seatbelts and continuously innovates to enhance mobility safety solutions.
What is the financial performance of Autoliv?
Autoliv reported sales of $10.4 billion in the recent year, indicating strong performance and financial health.
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