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Delphi Automotive Declared a Dividend of $0.29 per Share


Jan. 27 2017, Updated 2:35 p.m. ET

Price movement

Delphi Automotive (DLPH) has a market cap of $19.8 billion. It fell 2.1% and closed at $71.86 per share on January 26, 2017. The stock’s weekly, monthly, and YTD (year-to-date) price movements were -0.21%, 6.0%, and 6.7%, respectively, on the same day. Delphi Automotive is trading 2.7% above its 20-day moving average, 5.0% above its 50-day moving average, and 5.9% above its 200-day moving average.

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Related ETF and peers

The Vanguard Large-Cap ETF (VV) invests 0.09% of its holdings in Delphi Automotive. VV’s YTD price movement was 2.7% on January 26.

The market caps of Delphi Automotive’s competitors are as follows:

  • Autoliv (ALV) – $10.2 billion
  • Lear (LEA) – $10.1 billion
  • Visteon (VC) – $3.1 billion

Delphi declared a dividend

Delphi Automotive declared a quarterly cash dividend of $0.29 per share on its common stock. The dividend will be paid on February 15, 2017, to shareholders of record at the close of business on February 6, 2017.

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Performance in 3Q16

Delphi Automotive reported net sales of $4.1 billion in 3Q16—a rise of 13.9% compared to its net sales of $3.6 billion in 3Q15. Sales in its Electrical/Electronic Architecture, Powertrain Systems, and Electronics & Safety segments rose 17.8%, 1.2%, and 14.2%, respectively, in 3Q16—compared to 3Q15. The company’s operating margin narrowed by 150 basis points in 3Q16—compared to 3Q15.

Its net income and EPS (earnings per share) fell to $293.0 million and $1.07, respectively, in 3Q16—compared to $404.0 million and $1.42, respectively, in 3Q15. It reported adjusted EPS of $1.50 in 3Q16—a rise of 17.2% compared to 3Q15. Delph Automotive’s cash and cash equivalents fell 26.2%, while its inventories rose 16.4% in 3Q16—compared to 4Q15.


Delphi Automotive made the following projections for 2016:

  • revenues of $16.4 billion–$16.5 billion
  • adjusted operating income of $2.16 billion–$2.19 billion
  • adjusted EPS of $6.00–$6.10

Next, we’ll look at Allison Transmission Holdings (ALSN).


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