Delphi Automotive (DLPH) Raises Quarterly Dividend 16% to $0.29; 1.5% Yield

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Go back to Delphi Automotive (DLPH) Raises Quarterly Dividend 16% to $0.29; 1.5% Yield

Delphi Increases Quarterly Cash Dividend

January 12, 2016 9:25 AM EST

GILLINGHAM, England--(BUSINESS WIRE)-- Delphi Automotive PLC (NYSE: DLPH) today announced that its board of directors has approved an increase in the annual dividend rate paid on its ordinary shares to $1.16 per ordinary share, and declared a quarterly cash dividend of $0.29 per ordinary share, payable on Feb. 29, 2016, to shareholders of record at the close of business on Feb. 17, 2016.

"Delphi is committed to returning cash to our shareholders and todays announcement further illustrates that commitment and our confidence in the continued growth and strong free cash flow generation of Delphi's business," said Kevin... More