How Safe Is Genuine Parts Company's Dividend?
Genuine Parts Company (NYSE: GPC) isn't a household name for most Americans, but the company's business has been extremely successful over time. The company behind the Napa Auto Parts business has been able to string together decades of strong performance, combining share price appreciation with lucrative dividend payments to its shareholders. Some worry that the maker of automotive and industrial parts might not be able to do as well as it has in the past, and income investors want to be sure that the company's dividend is safe. The following analysis looks at Genuine Parts and whether dividend investors can count on its payouts going forward.
Current Quarterly Dividend Per Share
$0.675
Source: Fool.com
Genuine Parts Corp Stock
€115.00
-0.360%
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Genuine Parts Corp.
With a target price of 128 € there is a slightly positive potential of 11.3% for Genuine Parts Corp compared to the current price of 115.0 €.
