Genuine Parts (GPC) Raises Quarterly Dividend 2.7% to $0.675; 2.7% Yield

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Genuine Parts Company Marks 61st Consecutive Year Of Increased Dividends

February 21, 2017 7:00 AM EST

ATLANTA, Feb. 21, 2017 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today a 3% increase in the regular quarterly cash dividend for 2017.  The Board of Directors of the Company, at its February 20, 2017 Board meeting, increased the cash dividend payable to an annual rate of $2.70 per share compared with the previous dividend of $2.63 per share.  The quarterly cash dividend of sixty-seven and one-half cents ($0.675) per share is payable... More