Advance Auto Parts (AAP) Raises Quarterly Dividend 33.3% to $1.00; 2.1% Yield
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Go back to Advance Auto Parts (AAP) Raises Quarterly Dividend 33.3% to $1.00; 2.1% Yield
April 21, 2021 8:12 AM EDT
Jefferies 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
April 20, 2021 10:58 AM EDT
Advance 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
April 20, 2021 10:55 AM EDT
Advance Auto Parts (NYSE: AAP) Halted, News Pending
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