Genuine Parts raises dividend for 61st straight year

Genuine Parts dividend
Genuine Parts Company (GPC) will raise its dividend by 2.7%.

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.

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