Genuine Parts Co. a Top Ranked SAFE Dividend Stock With 3.1% Yield (GPC)
Wed, Jan 2, 10:55 AM ET, by ETF Channel
Genuine Parts Co. (GPC) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.1% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, Genuine Parts Co. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.66% of the SPDR S&P Dividend ETF (SDY), which holds $153,833,279 worth of GPC shares.
Genuine Parts Co. (GPC) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by Genuine Parts Co. is $1.98/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/05/2012. Below is a long-term dividend history chart for GPC, which the report stressed as being of key importance.
GPC operates in the Department Stores sector, among companies like Wal-Mart Stores, Inc. (WMT), and Costco Wholesale Corp (COST).
Read the original article at ETF Channel: Genuine Parts Co. a Top Ranked SAFE Dividend Stock With 3.1% Yield (GPC)
SDI Glossary: "Channel" Definition
SDI Glossary: "Dividend" Definition
SDI Glossary: "iShares" Definition
SDI Glossary: "Stock" Definition
SDI Glossary: "Yield" Definition
This Article's Word Cloud:
More articles: 1 2 3 4 5 6 7 next »