Autoliv Reinstates and Declares Quarterly Dividend
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STOCKHOLM, May 12, 2021 /PRNewswire/ --
Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today announced that its Board of Directors has decided to reinstate quarterly dividends and declared a quarterly dividend of 62 cents per share for the second quarter of 2021.
"Although the COVID-19 pandemic is not yet behind us, the significant improvement in profitability and free cash flow generation over the recent quarters shows that we have built a solid platform towards our mid-term financial targets," says Jan Carlson, Chairman of the Board of Directors. "It is our ambition to consistently create competitive shareholder value through our purpose-led strategy and operations, and I am happy that we can now reinstate our quarterly dividend," continues Mr. Carlson.