Aptiv Announces Dividend
PR Newswire 7-Dec-2017 5:00 PM
GILLINGHAM, England, Dec. 7, 2017 /PRNewswire/ -- Aptiv PLC (NYSE: APTV), a technology company that develops safer, greener and more connected solutions for its global customers, today announced that its Board of Directors declared a quarterly cash dividend of$0.22per ordinary share, or $0.88 per ordinary share annualized. The dividend is payable onFebruary 14, 2018, to shareholders of record at the close of business onFebruary 5, 2018.
"Today's announcement demonstrates that Aptiv will continue its disciplined approach to capital allocation, including acquisitions, investments, dividends and share repurchases," said president and chief executive officer, Kevin Clark.
Formerly known as Delphi Automotive, Aptiv began trading on Dec. 5, 2017 after the completion of its spin-off of the Powertrain segment.
Aptiv is a global technology company that develops safer, greener and more connected solutions, enabling the future of mobility. Headquartered in Gillingham, England, Aptiv has 147,000 employees and operates 14 technical centers, as well as manufacturing sites and customer support centers, in 45 countries. Visit aptiv.com.
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SOURCE Aptiv PLC