Autoliv (ALV) Declared Dividend of $0.45 a Share

Autoliv (NYSE:ALV) declared a quarterly dividend of $0.45 per share today, resulting in the highest level the company has ever paid out.

Since last year in the same quarter the company has increased its dividend by 50 percent.

Autoliv, Inc. participates in the development, manufacturing, and supplying of automotive safety systems to automotive industry.

Autoliv (ALV) closed Tuesday at $79.11, gaining $1.64, or 2.12 percent. The dividend yield is 2.20 percent.