Genuine Parts Company Declares Regular Quarterly Dividend
Genuine Parts Company (NYSE: GPC) declared a regular quarterly cash dividend of $0.895 per share, payable on October 3, 2022, to shareholders of record as of September 2, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Genuine Parts Company (NYSE: GPC) declared a regular quarterly cash dividend of $0.895 per share, payable on October 3, 2022, to shareholders of record as of September 2, 2022. This marks a continued commitment to shareholder returns. The company, founded in 1928, distributes automotive and industrial replacement parts across 17 countries through over 10,000 locations, employing approximately 53,000 individuals. This dividend reflects GPC's solid performance and dedication to providing income to its investors.
Positive
- Quarterly cash dividend of $0.895 supports shareholder income.
- Strong operational foundation with over 10,000 locations globally.
- Established history since 1928, indicating company stability.
Negative
- None.
Details
News Market Reaction – GPC
The recorded move for GPC in the trading session of this news was +0.42%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, Aug. 15, 2022 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today its Board of Directors declared a regular quarterly cash dividend of eighty-nine and one-half cents (
The dividend is payable October 3, 2022 to shareholders of record September 2, 2022.
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. The Company's Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal. The Company's Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. In total, the Company serves its global customers from an extensive network of more than 10,000 locations in 17 countries and has approximately 53,000 employees. Further information is available at www.genpt.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/genuine-parts-company-declares-regular-quarterly-dividend-301605977.html
SOURCE Genuine Parts Company
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.