Genuine Parts Company Declares Regular Quarterly Dividend

Rhea-AI Summary

Genuine Parts Company (GPC) declared a quarterly cash dividend of $0.815 per share on November 15, 2021. The dividend will be payable on January 4, 2022, to shareholders of record as of December 3, 2021. With revenues of $16.5 billion in 2020, GPC continues to distribute automotive and industrial replacement parts globally from a network of over 10,000 locations across 15 countries. This ongoing dividend underscores the company's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.815 per share declared.
• Dividend payment reinforces shareholder value.
• Strong revenue of $16.5 billion in 2020.

Negative

• None.

ATLANTA, Nov. 15, 2021 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today its Board of Directors declared a regular quarterly cash dividend of eighty-one and one-half cents ($0.815) per share on the Company's common stock.

The dividend is payable January 4, 2022 to shareholders of record December 3, 2021.

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 United Kingdom, Ireland, Germany, Poland, the Netherlands and Belgium. 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 15 countries. Genuine Parts Company had 2020 revenues of $16.5 billion. Further information is available at www.genpt.com.

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SOURCE Genuine Parts Company

FAQ

What is the dividend amount for Genuine Parts Company (GPC)?

The declared dividend amount is $0.815 per share.

When is the dividend payable for GPC?

The dividend is payable on January 4, 2022.

What is the record date for the quarterly dividend of GPC?

The record date for the dividend is December 3, 2021.

How much revenue did Genuine Parts Company report in 2020?

Genuine Parts Company reported revenues of $16.5 billion in 2020.