Genuine Parts Company (GPC) has released an update.
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Investors have a reason to smile as the Company’s Board of Directors has announced a 5.3% raise in the regular quarterly cash dividend to $1.00 per share, signaling a strong financial position and commitment to shareholder returns. The enhanced dividend is set to be distributed on April 1, 2024, to all shareholders recorded as of March 1, 2024, marking a noteworthy event in the company’s financial calendar.
For further insights into GPC stock, check out TipRanks’ Stock Analysis page.