Genuine Parts Company Declares Regular Quarterly Dividend

Rhea-AI Summary

Genuine Parts Company (NYSE: GPC) Declares $0.95 Quarterly Cash Dividend

Positive

• Shareholders will receive a regular quarterly cash dividend of $0.95 per share on January 2, 2024.
• The dividend is payable to shareholders of record on December 1, 2023.

Negative

• None.

ATLANTA, Nov. 14, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its Board of Directors declared a regular quarterly cash dividend of ninety-five cents ($0.95) per share on the company's common stock.

The dividend is payable January 2, 2024 to shareholders of record on December 1, 2023.

About Genuine Parts Company
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 58,000 employees. Further information is available at www.genpt.com.

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SOURCE Genuine Parts Company

FAQ

What is the dividend declared by Genuine Parts Company (NYSE: GPC)?

Genuine Parts Company (NYSE: GPC) declared a regular quarterly cash dividend of $0.95 per share on its common stock.

When will the dividend be payable to shareholders?

The dividend declared by Genuine Parts Company (NYSE: GPC) is payable on January 2, 2024 to shareholders of record on December 1, 2023.