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 2025-01-02. Ex dividend date: 2024-12-06
• Genuine Parts annual dividend for 2024 was $4.00
• Genuine Parts annual dividend for 2023 was $3.80
• Genuine Parts's trailing twelve-month (TTM) dividend yield is 3.18%
• 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 |
---|---|---|---|
2024-12-06 | $1.00 | quarterly | 2025-01-02 |
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 3.18%. Interested in purchasing Genuine Parts stock? Use our calculator to estimate your expected dividend yield:
Genuine Parts Financial Ratios
Genuine Parts Dividend FAQ
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.
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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. 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.
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.