Autoliv resumes dividend payments with 30-cent quarterly payment

By AP
Thursday, May 6, 2010

Autoliv resumes dividend payments

STOCKHOLM — Swedish auto parts maker Autoliv Inc. has resumed quarterly dividend payments, saying it would distribute 30-cent per share for the third quarter of 2010.

The dividend will be payable on Sept. 2 to Autoliv shareholders of record at the close of business on Aug. 5.

Autoliv last paid a dividend in the fourth quarter of 2008. The company suspended quarterly payments to save cash during a sharp downturn in global auto markets.

Company shares fell $2.72, or 5.3 percent, to $48.77 in afternoon trading.

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