Autoliv Renders Superb Dividend

Autoliv Inc. (ALV) raised its quarterly dividend payment by 8% to 43 cents per share for the second quarter of 2011. The company hiked its dividend for the third time in less than a year, reflecting its strong financial position and rapid recovery from the economic recession. The dividend will be payable on June 2, 2011 to shareholders of record on the close of business on May 5, 2011. Last year, Autoliv raised its dividend by 17% to 35 cents per share for the fourth quarter and then by 14% to 40 cents per share for the first quarter of this year. The first quarter dividend will be paid on March 3, 2011 to shareholders of record as on February 3, 2011. The dividend of 43 cents even exceeds the highest dividend of 41 cents per share paid by the company before the financial crisis. The new dividend will bring... Read more