Genuine Parts Company: Weaker Consumer Demand Causes Concern But Dividend Remains Secure

Andrii Yalanskyi/iStock via Getty Images Introduction Almost every business that heavily relies on consumers has faced their fair share of headwinds. Even businesses with long operating histories like Genuine Parts Company (NYSE:GPC), one that plays an essential role in our economy. I haven't covered the company since October 2023 where I rated them a buy. In this article, I give an update on the company's headwinds, financial health, dividend safety, and how I suspect the stock will fare going forward. Pre ...