Dividend Growth of Genuine Parts Company(GPC)

Genuine Parts Company(GPC) is having a Dividend Yield of 2.63% with the Annual cash Dividend per share of $2.63. The last quarter cash dividend per share pay out was $0.66. Genuine Parts Company has a 5 year average dividend yield of 2.76% and the stock has a Indicated annual dividend of $2.63. Genuine Parts Company(GPC) formally announced its most recent dividend on November 15, 2016 with a Dividend per share of $0.66. The new indicated annual dividend based on announced dividend per share is $2.63. The dividend yield based on the forward looking indicated annual dividend is 2.63%. Genuine Parts Company(GPC) has the most recent dividend payout ratio of 0.57 with a 5-year average payout ratio of 0.52. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.05. The 5 year historical dividend growth of Genuine Parts Company(GPC) is at the rate of 6.99% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Genuine Parts Company (NYSE:GPC) witnessed a decline in the market cap on Thursday as its shares dropped 0.89% or 0.89 points. After the session commenced at $100.23, the stock reached the higher end at $100.62 while it hit a low of $98.52. With the volume soaring to 707,776 shares, the last trade was called at $99.23. The company has a 52-week high of $105.97. The company has a market cap of $14,759 million and there are 148,737,240 shares in outstanding. The 52-week low of the share price is $85.26. Genuine Parts Company has lost 0.44% in the last five trading days and dropped 0.06% in the last 4 weeks. Genuine Parts Company is up 3.98% in the last 3-month period. Year-to-Date the stock performance stands at 3.86%.

Currently the company Insiders own 3% of Genuine Parts Company shares according to the proxy statements. Institutional Investors own 71.75% of Genuine Parts Company shares. During last six month period, the net percent change held by insiders has seen a change of 0.53%. Company has reported several Insider transactions to the SEC, on Oct 21, 2016, Thomas Gallagher (Chairman) purchased 3,000 shares at 89.24 per share price.On May 9, 2016, Timothy P Breen (Executive Vice President) sold 700 shares at 98.05 per share price.On Feb 19, 2016, Wendy B Needham (director) sold 3,000 shares at 90.61 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Genuine Parts Company was Upgraded by Goldman to Neutral on Jan 19, 2017. Genuine Parts Company was Initiated by Atlantic Equities to Neutral on Dec 14, 2016.

Genuine Parts Company Last issued its quarterly earnings results on Oct 19, 2016. The company reported $1.24 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $1.28. The company had revenue of $3941.74 million for the quarter, compared to analysts expectations of $4021.99 million. The companys revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.24 EPS.

GENUINE PARTS COMPANY is a distributor of automotive replacement parts in the U.S., Canada and Mexico. The Company also distributes industrial replacement parts in the U.S. and in Canada through its Motion Industries subsidiary. S. P. Richards Company, the Office Products Group, distributes product nationwide in the U.S. and in Canada. The Electrical/Electronic Group, EIS, Inc., distributes electrical and electronic components throughout the U.S. and in Canada and Mexico.


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