NEW YORK ( TheStreet) -- The ex-dividend date for Autoliv (NYSE: ALV) is tomorrow, November 15, 2011. Owners of shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $56.21 as of 9:30 a.m. ET, the dividend yield is 3.3%.

The average volume for Autoliv has been 1.1 million shares per day over the past 30 days. Autoliv has a market cap of $4.9 billion and is part of the consumer goods sector and automotive industry. Shares are down 28.9% year to date as of the close of trading on Friday.

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to automotive industry. The company has a P/E ratio of eight, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Autoliv as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Autoliv Ratings Report.

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