Genuine Parts Company (NYSE: GPC) announced today a 6% increase in its regular quarterly cash dividend for 2023. At its February 21, 2023 meeting, GPC’s Board of Directors increased the cash dividend payable to an annual rate of $3.80 per share from $3.58 per share in 2022. The quarterly cash dividend of ninety-five cents ($0.95) per share is payable April 3, 2023 to shareholders of record March 3, 2023. GPC has paid a cash dividend every year since going public in 1948, and 2023 marks the 67th consecutive year of increased dividends paid to shareholders.
Genuine Parts Company
Genuine Parts (GPC) raises dividend 6.1%, its 67th consecutive year
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