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Genuine Parts Company Dividend Stock Analysis
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Published Sun, 29 Jul 2012 07:41:07 -0400 on Seeking Alpha
Genuine Parts Company (GPC) distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, Canada, and Mexico. This dividend king has paid dividends since 1948 and increased distributions on its common stock for 56 years in a row. The company's last dividend increase was in February 2012 when the Board of Directors approved a 10% increase to 49.50 cents/share. The company's largest competitors include W.W. Grainger (GWW), Autozone (AZO) and Advanced Auto Parts (AAP). Over the past decade this dividend growth stock has delivered an annualized total return of 9.30% to its shareholders. The company has managed to deliver a 6.10% in annual EPS growth since 2002. Analysts expect Genuine Parts Company to earn $4.07 per share in 2012 and $4.39 per share in 2013. In comparison Genuine Parts Company earned $3.58/share in 2011. The growth in EPS was helped by stock... Read more


