Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oils; oil filters, part cleaners and treatments; and transmission fluids for engine maintenance. Further, it offers battery and wiper installation; engine light scanning and checking; electrical system testing; video clinic; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its website. It serves professional installers and do-it-yourself customers. The company operates stores under the Advance Auto Parts, Autopart International, and Carquest brands, as well as branches under the Worldpac name. As of April 23, 2022, it operated 4,687 stores and 311 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,318 independently owned Carquest branded stores in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. The company was founded in 1929 and is based in Raleigh, North Carolina.
Advance Auto Parts Dividend Announcement
• Advance Auto Parts announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-11
• Advance Auto Parts annual dividend for 2024 was $1.00
• Advance Auto Parts annual dividend for 2023 was $2.00
• Advance Auto Parts's trailing twelve-month (TTM) dividend yield is 3.03%
• Advance Auto Parts's payout ratio for the trailing twelve months (TTM) is 244.22%
• Advance Auto Parts's dividend growth over the last five years (2018-2023) was 52.81% year
• Advance Auto Parts's dividend growth over the last ten years (2013-2023) was 23.62% year
Advance Auto Parts Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-11 | $0.25 | quarterly | 2024-10-25 |
| 2024-07-12 | $0.25 | quarterly | 2024-07-26 |
| 2024-04-11 | $0.25 | quarterly | 2024-04-26 |
| 2024-01-11 | $0.25 | quarterly | 2024-01-26 |
| 2023-10-12 | $0.25 | quarterly | 2023-10-27 |
| 2023-07-13 | $0.25 | quarterly | 2023-07-28 |
| 2023-04-13 | $1.50 | quarterly | 2023-04-28 |
| 2022-12-15 | $1.50 | quarterly | 2023-01-03 |
| 2022-09-15 | $1.50 | quarterly | 2022-09-30 |
| 2022-06-16 | $1.50 | quarterly | 2022-07-01 |
| 2022-03-17 | $1.50 | quarterly | 2022-04-01 |
| 2021-12-16 | $1.00 | quarterly | 2022-01-03 |
| 2021-09-16 | $1.00 | quarterly | 2021-10-01 |
| 2021-06-17 | $1.00 | quarterly | 2021-07-02 |
| 2021-03-18 | $0.25 | quarterly | 2021-04-02 |
| 2020-12-17 | $0.25 | quarterly | 2021-01-04 |
| 2020-09-17 | $0.25 | quarterly | 2020-10-02 |
| 2020-06-18 | $0.25 | quarterly | 2020-07-03 |
| 2020-03-19 | $0.25 | quarterly | 2020-04-03 |
| 2019-12-19 | $0.06 | quarterly | 2020-01-03 |
| 2019-09-19 | $0.06 | quarterly | 2019-10-04 |
| 2019-06-20 | $0.06 | quarterly | 2019-07-05 |
| 2019-03-21 | $0.06 | quarterly | 2019-04-05 |
| 2018-12-20 | $0.06 | quarterly | 2019-01-04 |
| 2018-09-20 | $0.06 | quarterly | 2018-10-05 |
| 2018-06-21 | $0.06 | quarterly | 2018-07-06 |
| 2018-03-22 | $0.06 | quarterly | 2018-04-06 |
| 2017-12-21 | $0.06 | quarterly | 2018-01-05 |
| 2017-09-21 | $0.06 | quarterly | 2017-10-06 |
| 2017-06-21 | $0.06 | quarterly | 2017-07-07 |
| 2017-03-22 | $0.06 | quarterly | 2017-04-07 |
| 2016-12-21 | $0.06 | quarterly | 2017-01-06 |
| 2016-09-21 | $0.06 | quarterly | 2016-10-07 |
| 2016-06-15 | $0.06 | quarterly | 2016-07-01 |
| 2016-03-16 | $0.06 | quarterly | 2016-04-01 |
| 2015-12-22 | $0.06 | quarterly | 2016-01-08 |
| 2015-09-16 | $0.06 | quarterly | 2015-10-02 |
| 2015-06-17 | $0.06 | quarterly | 2015-07-02 |
| 2015-03-18 | $0.06 | quarterly | 2015-04-03 |
| 2014-12-23 | $0.06 | quarterly | 2015-01-09 |
| 2014-09-17 | $0.06 | quarterly | 2014-10-03 |
| 2014-06-16 | $0.06 | quarterly | 2014-07-02 |
| 2014-03-19 | $0.06 | quarterly | 2014-04-04 |
| 2013-12-18 | $0.06 | quarterly | 2014-01-03 |
| 2013-09-18 | $0.06 | quarterly | 2013-10-04 |
| 2013-06-19 | $0.06 | quarterly | 2013-07-05 |
| 2013-03-20 | $0.06 | quarterly | 2013-04-05 |
Advance Auto Parts Dividend per year
Advance Auto Parts Dividend growth
Advance Auto Parts Dividend Yield
Advance Auto Parts current trailing twelve-month (TTM) dividend yield is 3.03%. Interested in purchasing Advance Auto Parts stock? Use our calculator to estimate your expected dividend yield:
Advance Auto Parts Financial Ratios
P/E ratio100.31
PEG ratio16.15
P/B ratio0.95
ROE0.95%
Payout ratio244.22%
Current ratio1.34
Quick ratio0.62
Cash Ratio0.08
Advance Auto Parts Dividend FAQ
How much is the next Advance Auto Parts dividend?
Advance Auto Parts's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Advance Auto Parts dividend. The next Advance Auto Parts dividend will be released in April, July, or October.
When is Advance Auto Parts dividend paid?
Advance Auto Parts pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Advance Auto Parts pay?
The specific amount of Advance Auto Parts dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Advance Auto Parts's dividend history.
Does Advance Auto Parts stock pay dividends?
Yes, Advance Auto Parts does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Advance Auto Parts's dividend history.
How much dividend does Advance Auto Parts pay?
Advance Auto Parts paid $1.0 in 2024, $2.0 in 2023, $6.0 in 2022, $3.25 in 2021, and $1.0 in 2020.
How often does Advance Auto Parts pay dividends?
Advance Auto Parts typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, July, and October.
What is Advance Auto Parts's dividend yield?
The current dividend yield for Advance Auto Parts is 3.03%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Advance Auto Parts's exact dividend yield.
When does Advance Auto Parts go ex dividend?
Advance Auto Parts's ex-dividend date for the latest dividend was on 2024-10-11. Advance Auto Parts typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Advance Auto Parts dividend paid?
Advance Auto Parts pays dividends on a quarterly basis, typically around April, July, or October, but the exact dates can vary each year.
Will Advance Auto Parts increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Advance Auto Parts will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Advance Auto Parts dividend per share?
Advance Auto Parts paid $1.0 per share in 2024 and $2.0 per share in 2023. The amount of dividend per share that Advance Auto Parts pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Advance Auto Parts a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Advance Auto Parts a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Advance Auto Parts a dividend stock?
Yes, Advance Auto Parts is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Advance Auto Parts a good dividend stock?
Whether Advance Auto Parts is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Advance Auto Parts has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Advance Auto Parts as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Advance Auto Parts as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Advance Auto Parts pay dividends monthly?
Advance Auto Parts typically pays dividends on a quarterly basis.
Does Advance Auto Parts pay dividends quarterly?
Advance Auto Parts currently pays dividends on a quarterly basis.
Has Advance Auto Parts ever paid a dividend?
Yes, Advance Auto Parts has a history of paying dividends to its shareholders. Advance Auto Parts is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Advance Auto Parts dividend stocks?
To buy Advance Auto Parts you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Advance Auto Parts stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Advance Auto Parts stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Advance Auto Parts pay dividends 2024?
Advance Auto Parts pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Advance Auto Parts increase its dividend in 2024?
Decisions regarding Advance Auto Parts dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Advance Auto Parts dividend overview you can look into the above table of dividend history.
How Advance Auto Parts dividend works?
The Advance Auto Parts dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Advance Auto Parts's dividend process works:
1. Determination of Dividend: Advance Auto Parts's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Advance Auto Parts publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Advance Auto Parts distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Advance Auto Parts are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Advance Auto Parts's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Advance Auto Parts publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Advance Auto Parts distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Advance Auto Parts are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Advance Auto Parts dividends paid?
Advance Auto Parts dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Advance Auto Parts sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Advance Auto Parts distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Advance Auto Parts declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Advance Auto Parts sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Advance Auto Parts distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Advance Auto Parts declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Advance Auto Parts pay dividends?
Advance Auto Parts typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Advance Auto Parts pay dividends?
The general pattern is that Advance Auto Parts pays dividends around April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Advance Auto Parts dividend safe?
The safety of Advance Auto Parts's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Advance Auto Parts's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Advance Auto Parts's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Advance Auto Parts's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Advance Auto Parts's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.