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 today’s
announcement further illustrates that commitment and our confidence in
the continued growth and strong free cash flow generation of Delphi's
business," said Kevin Clark, Delphi president and chief executive
officer.
About Delphi
Delphi Automotive PLC (NYSE: DLPH) is a leading global technology
company for automotive and commercial vehicle markets delivering
solutions that help make vehicles safe, green and connected.
Headquartered in Gillingham, U.K., Delphi operates technical centers,
manufacturing sites and customer support services in 33 countries. Visit delphi.com.
Forward-Looking Statements
This press release, as well as other statements made by Delphi
Automotive PLC (the “Company”), contain forward-looking statements that
reflect, when made, the Company's current views with respect to current
events and financial performance. Such forward-looking statements are
subject to many risks, uncertainties and factors relating to the
Company's operations and business environment, which may cause the
actual results of the Company to be materially different from any future
results. All statements that address future operating, financial or
business performance or the Company's strategies or expectations are
forward-looking statements. Factors that could cause actual results to
differ materially from these forward-looking statements are discussed
under the captions “Risk Factors” and “Management's Discussion and
Analysis of Financial Condition and Results of Operations” in the
Company's filings with the Securities and Exchange Commission. New risks
and uncertainties arise from time to time, and it is impossible for us
to predict these events or how they may affect the Company. It should be
remembered that the price of the ordinary shares and any income from
them can go down as well as up. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events and/or otherwise, except
as may be required by law.
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