Genuine Parts raises dividend for 61st straight year
The quarterly dividend will be increased to $0.675 per share by Dividend Aristocrat GPC.
The increased dividend is payable April 3, 2017 to shareholders of record March 10, 2017. GPC has paid a cash dividend every year since going public in 1948, and 2017 marks the 61st consecutive year of increased dividends paid to shareholders.
Genuine Parts Company is a distributor of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials in the United States, Canada, Mexico and Australasia.
