Genuine Parts Company Increases Quarterly Dividend $GPC

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  • Genuine Parts (NYSE:GPC) declares $0.7625/share quarterly dividend, 5.9% increase from prior dividend of $0.72.
  • Forward yield 2.83%
  • Payable April 1; for shareholders of record March 8; ex-div March 7.



Genuine Parts Company (NYSE: GPC) announced today a 6% increase in the regular quarterly cash dividend for 2019.  The Board of Directors of the Company, at its February 18, 2019 Board meeting, increased the cash dividend payable to an annual rate of $3.05 per share compared with the previous dividend of $2.88 per share.  The quarterly cash dividend of seventy-six and one-quarter cents ($0.7625) per share is payable April 1, 2019 to shareholders of record March 8, 2019.  GPC has paid a cash dividend every year since going public in 1948, and 2019 marks the 63rd consecutive year of increased dividends paid to shareholders.

For more information, visit https://www.genpt.com/


According to the list of U.S. Dividend Champions, Genuine Parts Company is a Dividend Champions. GPC has a 62-year dividend raising streak.

Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
5.7
5.4
5.7
6.3






Dividend Yield Chart:



Genuine Parts Co stock dividend yield is close to 3-year low.


Payout Ratio:



This is the historical payout ratio of Genuine Parts Co. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


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