Advance Auto Parts (AAP) Raises Quarterly Dividend 33.3% to $1.00; 2.1% Yield
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Advance Auto Parts (AAP) PT Raised to $235 at Jefferies
April 21, 2021 8:12 AM EDTJefferies analyst Bret Jordan raised the price target on Advance Auto Parts (NYSE: AAP) to $235.00 (from $190.00) while maintaining a Buy rating.
The analyst commented, "AAP pre-released selected Q1 results today ahead of the company's strategic update, with comp store sales growth of 22%-24% through... More
Advance Auto Parts (AAP) Announces $1 Billion Increase to Buyback, Increases Dividend and Updates FY21 Guidance
April 20, 2021 10:58 AM EDTAdvance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, announced that on April 19, 2021, its Board of Directors approved an additional share repurchase authorization of $1 billion, bringing the total available repurchase authorization to approximately $1.3 billion. In addition, the Board of Directors declared a quarterly cash dividend of $1.00 per share, an increase from $0.25. This dividend is payable July 2, 2021, to shareholders of record as of June 18, 2021.
In recognition of our 2020 results, strong... More
Advance Auto Parts (AAP) Halted, News Pending
April 20, 2021 10:55 AM EDTAdvance Auto Parts (NYSE: AAP) Halted, News Pending
