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Genuine Parts Co (Genuine Parts Co) 3-Year Dividend Growth Rate

: 6.30% (As of Mar. 2024)
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Genuine Parts Co's Dividends per Share for the three months ended in Mar. 2024 was $1.00.

The historical rank and industry rank for Genuine Parts Co's 3-Year Dividend Growth Rate or its related term are showing as below:

GPC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.7   Med: 5.85   Max: 74.6
Current: 6.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Genuine Parts Co was 74.60% per year. The lowest was 1.70% per year. And the median was 5.85% per year.

GPC's 3-Year Dividend Growth Rate is ranked worse than
62.37% of 388 companies
in the Retail - Cyclical industry
Industry Median: 11.1 vs GPC: 6.30

During the past 12 months, Genuine Parts Co's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Genuine Parts Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.45. As of today, Genuine Parts Co's Dividend Yield % is 2.36%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Specialty Retail subindustry, Genuine Parts Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Genuine Parts Co 3-Year Dividend Growth Rate Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Genuine Parts Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Genuine Parts Co's 3-Year Dividend Growth Rate falls into.



Genuine Parts Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Genuine Parts Co  (NYSE:GPC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Genuine Parts Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=1/ 2.22
=0.45

During the past 13 years, the highest Dividend Payout Ratio of Genuine Parts Co was 0.60. The lowest was 0.41. And the median was 0.54.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Genuine Parts Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.0002024-02-292024-03-012024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.9502023-11-302023-12-012024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.9502023-09-072023-09-082023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.9502023-06-012023-06-022023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Genuine Parts Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.85/162.39
=2.37 %

Current Share Price is $162.39.
Genuine Parts Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.85.

During the past 13 years, the highest Dividend Yield of Genuine Parts Co was 5.51%. The lowest was 1.87%. And the median was 2.64%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Genuine Parts Co 3-Year Dividend Growth Rate Related Terms>


Genuine Parts Co (Genuine Parts Co) Business Description

Traded in Other Exchanges
Address
2999 Wildwood Parkway, Atlanta, GA, USA, 30339
Genuine Parts sells automotive parts (nearly two thirds of net sales) and industrial components. The company sells car and truck parts to commercial and retail customers through roughly 9,800 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and original equipment manufacturer clients.
Executives
Gary P Fayard director ONE COCA COLA PLAZA, ATLANTA GA 30313
John D Johns director PO BOX 2606, BIRMINGHAM AL 35202
Juliette Williams Pryor director 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
John R Holder director 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Donna Westbrook Hyland director 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Paul Russell Hardin director 2999 WILDWOOD PARKWAY SE, ATLANTA GA 30339
Richard Jr Cox director 2999 WILDWOOD PARKWAY, ATLANTA GA 30339
Paul D Donahue director, officer: Chairman and CEO 214 N TRYON STREET, CHARLOTTE NC 28202
Loudermilk Robert C Jr director 309 E. PACES FERRY RD N.E., ATLANTA GA 30305-2377
Darren M Rebelez director 1722 ROUTH STREET, SUITE 1000, DALLAS TX 75201-2502
Randall P Breaux officer: Group President, GPC N.A. 5711 R S BOREHAM JR ST, P O BOX 2400, FORT SMITH AR 72902
Naveen Krishna officer: EVP, CIDO 2999 WILDWOOD PKWY, ATLANTA GA 30339
Wendy B Needham director 2999 CIRCLE 75 PRKWAY, ATLANTA GA 30339
Christopher T Galla officer: SVP and General Counsel 2999 WILDWOOD PKWY, ATLANTA GA 30339
Wood E Jenner Iii director SUNTRUST BANKS INC, P O BOX 4418 MC643, ATLANTA GA 30302

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