Autoliv raised its second quarter 2012 dividend

Otoliv's board of directors has announced that it will increase its dividend for the second quarter of this year to 47 cents per share, an increase of 4.4% over the first quarter of this year's dividend (45 cents).

Otoliv will pay dividends to shareholders on June 7, 2012, and will register on the stock closing of the company on May 23, 2012.

In the second quarter of this year, Otoliv will pay a total of $45 million in dividends, an increase of $5 million over the first quarter.

Autolif’s sales in 2011 were US$8.232 billion, up 15% year-on-year; operating profit was US$890 million, up 2% year-on-year; net profit was US$627 million, a year-on-year increase of 5%.

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