Genuine Parts a Top Ranked SAFE Dividend Stock With 3.3% Yield (GPC)
Wed, Aug 23, 8:14 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 3.3% 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 1.22% of the SPDR S&P Dividend ETF (SDY), which holds $186,766,736 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 $2.70/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 09/07/2017. Below is a long-term dividend history chart for GPC, which the report stressed as being of key importance.
GPC operates in the Auto Parts sector, among companies like Honeywell International Inc (HON), and Cummins, Inc. (CMI).
Read the original article at ETF Channel: Genuine Parts a Top Ranked SAFE Dividend Stock With 3.3% Yield (GPC)
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