Genuine Parts Company (GPC) To Go Ex-Dividend on March 6th

Genuine Parts Company (NYSE:GPCGet Free Report) declared a quarterly dividend on Tuesday, February 17th. Shareholders of record on Friday, March 6th will be paid a dividend of 1.0625 per share by the specialty retailer on Thursday, April 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Friday, March 6th. This is a 3.2% increase from Genuine Parts’s previous quarterly dividend of $1.03.

Genuine Parts has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 70 years. Genuine Parts has a payout ratio of 48.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Genuine Parts to earn $8.90 per share next year, which means the company should continue to be able to cover its $4.12 annual dividend with an expected future payout ratio of 46.3%.

Genuine Parts Stock Performance

Shares of NYSE GPC opened at $121.10 on Thursday. The firm’s 50-day moving average price is $133.53 and its 200-day moving average price is $133.55. Genuine Parts has a 52-week low of $104.01 and a 52-week high of $151.57. The company has a market cap of $16.85 billion, a PE ratio of 263.26 and a beta of 0.74. The company has a quick ratio of 0.51, a current ratio of 1.08 and a debt-to-equity ratio of 0.79.

Genuine Parts (NYSE:GPCGet Free Report) last released its quarterly earnings data on Tuesday, February 17th. The specialty retailer reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.79 by ($0.24). Genuine Parts had a net margin of 0.27% and a return on equity of 22.28%. The company had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $6.06 billion. During the same period in the previous year, the firm earned $1.61 earnings per share. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, analysts anticipate that Genuine Parts will post 7.9 EPS for the current year.

Genuine Parts News Summary

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Genuine Parts Company Profile

(Get Free Report)

Genuine Parts Company (NYSE: GPC) is a global distributor of automotive replacement parts, industrial parts and business products with a history dating back to 1928. Headquartered in Atlanta, Georgia, the company operates a broad distribution network and retail presence serving repair shops, independent retailers, industrial customers and commercial accounts. Its business model centers on stocking and delivering a wide range of parts and supplies to support aftermarket and maintenance needs across multiple end markets.

Genuine Parts conducts its operations through several well-known operating groups and subsidiaries.

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Dividend History for Genuine Parts (NYSE:GPC)

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