Are GPC's Shareholder-Friendly Moves Enough to Buy the Stock?
Genuine Parts (GPC) has announced a 3% increase in its regular quarterly cash dividend for 2025 with its fourth-quarter 2024 earnings results. The annually payable dividend stands at 4 per share in 2024, translating to a dividend yield of 3.37% at current price levels. The company has paid out dividends every year since going public in 1948, and this increase marks the 69th consecutive year of a dividend increase.This steady dividend growth shows GPC’s financial strength and reliab ...