Genuine Parts Company Declares Regular Quarterly Dividend
Rhea-AI Summary
Genuine Parts Company (GPC) has announced a quarterly cash dividend of $0.79 per share, reflecting the company's ongoing commitment to returning value to shareholders. This dividend is set to be paid on January 4, 2021, to stockholders on record as of December 4, 2020. In 2019, GPC reported revenues totaling $19.4 billion, demonstrating its substantial presence in the automotive and industrial parts distribution sectors.
Positive
- Declared quarterly cash dividend of $0.79 per share.
- Dividend payment reflects continued commitment to shareholder value.
Negative
- None.
News Market Reaction
On the day this news was published, GPC gained 4.16%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
ATLANTA, Nov. 23, 2020 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today that its Board of Directors declared a regular quarterly cash dividend of seventy-nine cents (
The dividend is payable January 4, 2021 to shareholders of record December 4, 2020.
About Genuine Parts Company
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive replacement parts and industrial parts. The Company's Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Germany, Poland, the Netherlands and Belgium. The Company's Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. Genuine Parts Company had 2019 revenues of
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SOURCE Genuine Parts Company
FAQ
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