Genuine Parts Company Plans Quarterly Dividend of $1.06 (NYSE:GPC)

Key Points

• Genuine Parts declared a quarterly dividend of $1.0625 per share, payable October 2 to shareholders of record September 4. The dividend implies an annualized payout of $4.25 and a yield of approximately 3.2%.
• The company has increased its dividend for 70 consecutive years, with a current payout ratio of 49.5%; analysts expect a roughly 50.2% payout ratio next year based on projected EPS of $8.47.
• Genuine Parts exceeded quarterly expectations, reporting $2.15 in EPS versus the $2.08 consensus and $6.54 billion in revenue, up 6% year over year. Management issued fiscal 2026 EPS guidance of $7.50–$8.00.

Genuine Parts Company (NYSE:GPC - Get Free Report) declared a quarterly dividend on Tuesday, August 11th. Investors of record on Friday, September 4th will be given a dividend of 1.0625 per share by the specialty retailer on Friday, October 2nd. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Friday, September 4th.

Genuine Parts has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 70 years. Genuine Parts has a payout ratio of 49.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Genuine Parts to earn $8.47 per share next year, which means the company should continue to be able to cover its $4.25 annual dividend with an expected future payout ratio of 50.2%.

Genuine Parts Price Performance

GPC traded down $1.93 on Wednesday, reaching $133.16. The company had a trading volume of 401,993 shares, compared to its average volume of 1,728,654. The business has a 50 day simple moving average of $118.57 and a 200 day simple moving average of $115.44. The company has a market cap of $18.36 billion, a price-to-earnings ratio of 532.66 and a beta of 0.63. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.50 and a current ratio of 1.16. Genuine Parts has a 52-week low of $90.78 and a 52-week high of $151.57.

Genuine Parts (NYSE:GPC - Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $2.08 by $0.07. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The business had revenue of $6.54 billion during the quarter, compared to analysts' expectations of $6.43 billion. During the same quarter in the previous year, the company earned $2.10 EPS. The business's quarterly revenue was up 6.0% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, sell-side analysts anticipate that Genuine Parts will post 7.72 EPS for the current year.

About Genuine Parts

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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