Genuine Parts Company (NYSE: GPC) has declared a regular quarterly cash dividend of $1.00 per share on its common stock. The dividend will be payable on January 2, 2025, to shareholders of record on December 6, 2024.
Established in 1928, Genuine Parts Company operates as a leading global service provider of automotive and industrial replacement parts and value-added solutions. The company's Automotive Parts Group spans across 17 countries, including the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain, and Portugal. Meanwhile, its Industrial Parts Group serves customers in the U.S., Canada, Mexico, and Australasia.
Genuine Parts Company prides itself on its vast network of over 10,700 locations, supported by more than 60,000 teammates worldwide.
The market has reacted to these announcements by moving the company's shares -2.4% to a price of $121.26. Check out the company's full 8-K submission here.