Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates through Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and accessory and supply items used by various automotive aftermarket customers, such as repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals. It also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation and robotics, hoses, hydraulic and pneumatic components, industrial and safety supplies, and material handling products for original equipment manufacturer, as well as maintenance, repair, and operation customers in equipment and machinery, food and beverage, forest product, primary metal, pulp and paper, mining, automotive, oil and gas, petrochemical, pharmaceutical, power generation, alternative energy, governments, transportation, ports, and other industries. In addition, the company provides various services and repairs comprising gearbox and fluid power and process pump assembly and repair, hydraulic drive shaft repair, electrical panel assembly and repair, hose and gasket manufacture and assembly, and other value-added services. It operates in the United States, Canada, France, the United Kingdom, Ireland, Germany, Poland, the Netherlands, Belgium, Australia, New Zealand, Mexico, Indonesia, and Singapore. The company was incorporated in 1928 and is headquartered in Atlanta, Georgia.
Genuine Parts Dividend Announcement
• Genuine Parts announced a quarterly dividend of $1.00 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-06
• Genuine Parts annual dividend for 2024 was $3.00
• Genuine Parts annual dividend for 2023 was $3.80
• Genuine Parts's trailing twelve-month (TTM) dividend yield is 4.04%
• Genuine Parts's payout ratio for the trailing twelve months (TTM) is 50.06%
• Genuine Parts's dividend growth over the last five years (2018-2023) was 5.70% year
• Genuine Parts's dividend growth over the last ten years (2013-2023) was 5.86% year
Genuine Parts Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-06 | $1.00 | quarterly | 2024-10-01 |
| 2024-06-07 | $1.00 | quarterly | 2024-07-01 |
| 2024-02-29 | $1.00 | quarterly | 2024-04-01 |
| 2023-11-30 | $0.95 | quarterly | 2024-01-02 |
| 2023-09-07 | $0.95 | quarterly | 2023-10-02 |
| 2023-06-01 | $0.95 | quarterly | 2023-07-03 |
| 2023-03-02 | $0.95 | quarterly | 2023-04-03 |
| 2022-12-01 | $0.90 | quarterly | 2023-01-03 |
| 2022-09-01 | $0.90 | quarterly | 2022-10-03 |
| 2022-06-02 | $0.90 | quarterly | 2022-07-01 |
| 2022-03-03 | $0.90 | quarterly | 2022-04-01 |
| 2021-12-02 | $0.81 | quarterly | 2022-01-04 |
| 2021-09-02 | $0.81 | quarterly | 2021-10-01 |
| 2021-06-03 | $0.81 | quarterly | 2021-07-01 |
| 2021-03-04 | $0.81 | quarterly | 2021-04-01 |
| 2020-12-03 | $0.79 | quarterly | 2021-01-04 |
| 2020-09-03 | $0.79 | quarterly | 2020-10-01 |
| 2020-06-04 | $0.79 | quarterly | 2020-07-01 |
| 2020-03-05 | $0.79 | quarterly | 2020-04-01 |
| 2019-12-05 | $0.76 | quarterly | 2020-01-02 |
| 2019-09-05 | $0.76 | quarterly | 2019-10-01 |
| 2019-06-06 | $0.76 | quarterly | 2019-07-01 |
| 2019-03-07 | $0.76 | quarterly | 2019-04-01 |
| 2018-12-06 | $0.72 | quarterly | 2019-01-02 |
| 2018-09-06 | $0.72 | quarterly | 2018-10-01 |
| 2018-06-07 | $0.72 | quarterly | 2018-07-02 |
| 2018-03-08 | $0.72 | quarterly | 2018-04-02 |
| 2017-12-07 | $0.68 | quarterly | 2018-01-02 |
| 2017-09-07 | $0.68 | quarterly | 2017-10-02 |
| 2017-06-07 | $0.68 | quarterly | 2017-07-03 |
| 2017-03-08 | $0.68 | quarterly | 2017-04-03 |
| 2016-12-07 | $0.66 | quarterly | 2017-01-03 |
| 2016-09-07 | $0.66 | quarterly | 2016-10-03 |
| 2016-06-01 | $0.66 | quarterly | 2016-07-01 |
| 2016-03-02 | $0.66 | quarterly | 2016-04-01 |
| 2015-12-02 | $0.61 | quarterly | 2016-01-04 |
| 2015-09-02 | $0.61 | quarterly | 2015-10-01 |
| 2015-06-03 | $0.61 | quarterly | 2015-07-01 |
| 2015-03-04 | $0.61 | quarterly | 2015-04-01 |
| 2014-12-03 | $0.57 | quarterly | 2015-01-02 |
| 2014-09-03 | $0.57 | quarterly | 2014-10-01 |
| 2014-06-04 | $0.57 | quarterly | 2014-07-01 |
| 2014-03-05 | $0.57 | quarterly | 2014-04-01 |
| 2013-12-04 | $0.54 | quarterly | 2014-01-02 |
| 2013-09-04 | $0.54 | quarterly | 2013-10-01 |
| 2013-06-05 | $0.54 | quarterly | 2013-07-01 |
| 2013-03-06 | $0.54 | quarterly | 2013-04-01 |
Genuine Parts Dividend per year
Genuine Parts Dividend growth
Genuine Parts Dividend Yield
Genuine Parts current trailing twelve-month (TTM) dividend yield is 4.04%. Interested in purchasing Genuine Parts stock? Use our calculator to estimate your expected dividend yield:
Genuine Parts Financial Ratios
P/E ratio15.69
PEG ratio-73.11
P/B ratio3.63
ROE24.12%
Payout ratio50.06%
Current ratio1.17
Quick ratio0.57
Cash Ratio0.12
Genuine Parts Dividend FAQ
How much is the next Genuine Parts dividend?
Genuine 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 Genuine Parts dividend. The next Genuine Parts dividend will be released in March, June, September, or November.
When is Genuine Parts dividend paid?
Genuine Parts pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and November. 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 Genuine Parts pay?
The specific amount of Genuine 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 Genuine Parts's dividend history.
Does Genuine Parts stock pay dividends?
Yes, Genuine 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 Genuine Parts's dividend history.
How much dividend does Genuine Parts pay?
Genuine Parts paid $3.0 in 2024, $3.8 in 2023, $3.58 in 2022, $3.26 in 2021, and $3.16 in 2020.
How often does Genuine Parts pay dividends?
Genuine 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 March, June, September, and November.
What is Genuine Parts's dividend yield?
The current dividend yield for Genuine Parts is 4.04%. 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 Genuine Parts's exact dividend yield.
When does Genuine Parts go ex dividend?
Genuine Parts's ex-dividend date for the latest dividend was on 2024-09-06. Genuine 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 Genuine Parts dividend paid?
Genuine Parts pays dividends on a quarterly basis, typically around March, June, September, or November, but the exact dates can vary each year.
Will Genuine 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 Genuine 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 Genuine Parts dividend per share?
Genuine Parts paid $3.0 per share in 2024 and $3.8 per share in 2023. The amount of dividend per share that Genuine 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 Genuine Parts a dividend aristocrat?
Yes, 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 Genuine Parts a dividend king?
Yes, 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 Genuine Parts a dividend stock?
Yes, Genuine Parts is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Genuine Parts a good dividend stock?
Whether Genuine 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. Genuine Parts has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Genuine 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 Genuine 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 Genuine Parts pay dividends monthly?
Genuine Parts typically pays dividends on a quarterly basis.
Does Genuine Parts pay dividends quarterly?
Genuine Parts currently pays dividends on a quarterly basis.
Has Genuine Parts ever paid a dividend?
Yes, Genuine Parts has a history of paying dividends to its shareholders. Genuine Parts is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Genuine Parts dividend stocks?
To buy Genuine 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 Genuine 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 Genuine 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 Genuine Parts pay dividends 2024?
Genuine Parts pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-01. 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 Genuine Parts increase its dividend in 2024?
Decisions regarding Genuine 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 Genuine Parts dividend overview you can look into the above table of dividend history.
How Genuine Parts dividend works?
The Genuine 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 Genuine Parts's dividend process works:
1. Determination of Dividend: Genuine 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, Genuine 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, Genuine 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 Genuine 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: Genuine 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, Genuine 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, Genuine 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 Genuine 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 Genuine Parts dividends paid?
Genuine Parts dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Genuine 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, Genuine 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: Genuine 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: Genuine 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, Genuine 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: Genuine 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 Genuine Parts pay dividends?
Genuine 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 Genuine Parts pay dividends?
The general pattern is that Genuine Parts pays dividends around March, June, September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Genuine Parts dividend safe?
The safety of Genuine 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 Genuine 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 Genuine 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 Genuine 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 Genuine 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.