Aptiv Declares Quarterly Preferred Share Dividend

(Neutral)

Rhea-AI Summary

Aptiv PLC (NYSE: APTV) announced a quarterly cash dividend of $1.42083333 per share on its 5.50% Series A Mandatory Convertible Preferred Shares. This dividend is payable on September 15, 2020, to shareholders of record as of September 1, 2020. This move reflects Aptiv's commitment to returning value to its shareholders amidst its focus on developing innovative mobility solutions.

Positive

Quarterly cash dividend of $1.42083333 per share declared.
Reflects company's commitment to shareholder value.

Negative

None.

News Market Reaction – APTV

-2.09%

-2.09% Session move

In the trading session that priced this news, APTV declined 2.09%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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08/18/2020 - 05:47 PM

DUBLIN, Aug. 18, 2020 /PRNewswire/ -- Aptiv PLC (NYSE: APTV) a global technology company enabling the future of mobility, today announced that its Board of Directors declared a quarterly cash dividend of $1.42083333 per share on our 5.50% Series A Mandatory Convertible Preferred Shares, payable on September 15, 2020, to shareholders of record at the close of business on September 1, 2020.

About Aptiv
Aptiv is a global technology company that develops safer, greener and more connected solutions enabling the future of mobility. Visit aptiv.com.

View original content:http://www.prnewswire.com/news-releases/aptiv-declares-quarterly-preferred-share-dividend-301114424.html

SOURCE Aptiv PLC

FAQ

What is the dividend amount declared by Aptiv for September 2020?

Aptiv declared a quarterly cash dividend of $1.42083333 per share.

When is the dividend payment date for Aptiv's preferred shares?

The dividend is payable on September 15, 2020.

What is the record date for Aptiv's dividend payment?

The record date for the dividend payment is September 1, 2020.