Form 8-K · Current Report · Filed 2024-08-20
Genuine Parts Company Declares Regular Quarterly Dividend
On August 20, 2024, Genuine Parts Company (NYSE: GPC) announced that its Board of Directors declared a regular quarterly cash dividend of $1.00 per share on its common stock.
- Filer
- Genuine Parts Company GPC · NYSE
- Filed
- Accession
- 0000040987-24-000181
- CIK
- 0000040987
- Signal
- Medium impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Details
The dividend will be payable on October 1, 2024, to shareholders of record on September 6, 2024.
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$138.68
Next session
+3.6%
Since filing
-10.3%
Latest close
$124.37
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from GPC reporting the same item, with the next session's move:
Exhibits (1)
About Genuine Parts Company
Genuine Parts Company is a leading distributor of automotive and industrial replacement parts. The company's core function is to supply a broad array of parts and services to the automotive and industrial sectors, supporting a wide network of retailers, repair shops, and manufacturers. Its extensive product line and customer-focused business approach cover everything from automotive spare parts to industrial components, impacting sectors such as transportation, manufacturing, and retail. With a global presence, Genuine Parts Company operates through a broad network of distribution centers and stores, ensuring the swift delivery of products to meet the needs of its diverse clientele. The company's dominant market role is underscored by its commitment to quality and reliability, which has established it as a trusted partner in the supply chain. Genuine Parts Company not only plays a crucial role in maintaining the efficiency and performance of vehicles and machinery but also contributes significantly to the supply infrastructure of these key industries, enhancing their capacity to sustain operations and manage logistical demands.
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