Autoliv sets quarterly dividend at 68 cents per share

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Autoliv sets quarterly dividend at 68 cents per share
Credit: © Reuters.

STOCKHOLM - Autoliv, Inc. (NYSE: NYSE: ALV ) (SSE (LON: SSE ): ALIV.sdb), a leading global provider of automotive safety systems, has announced a quarterly dividend of 68 cents per share for the first quarter of 2024. The dividend is applicable to holders of Autoliv common stock on the New York Stock Exchange and holders of Swedish Depository Receipts on Nasdaq Stockholm.

The record date for the dividend is the close of business on Tuesday, March 12, with the payment dates scheduled for March 27, 2024, for common stockholders, and March 28, 2024, for holders of Swedish Depository Receipts. The ex-date, when the stocks will trade without the right to the dividend, is set for Monday, March 11.

Autoliv's commitment to automotive safety is evident in the development and marketing of protective systems like airbags, seatbelts, and steering wheels for major automotive manufacturers worldwide. The company also focuses on mobility safety solutions, including pedestrian protection and connected safety services. In 2023, Autoliv's products were credited with saving approximately 35,000 lives and preventing over 450,000 injuries.

With nearly 70,000 employees across 25 countries, Autoliv prioritizes innovation and quality. The company operates 14 technical centers and 20 test tracks, emphasizing research and development. Autoliv reported sales of $10.5 billion in 2023.

The forward-looking statements in this announcement, as defined by the Private Securities Litigation Reform Act of 1995, reflect Autoliv's expectations and are subject to risks and uncertainties that may cause actual results to differ materially. The company claims the protection of the safe harbor for forward-looking statements and does not commit to updating any statements based on new information or future events.

This dividend declaration is based on a press release statement from Autoliv and is intended to inform investors of the company's latest financial distribution.

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