NEW YORK (
) -- The ex-dividend date for
) is tomorrow, September 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $51.78 as of 9:35 a.m. ET, the dividend yield is 3.4%.
The average volume for Genuine Parts has been 1.3 million shares per day over the past 30 days. Genuine Parts has a market cap of $8.4 billion and is part of the
industry. Shares are up 4.1% year to date as of the close of trading on Friday.
Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, Canada, and Mexico. The company has a P/E ratio of 16, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Genuine Parts as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full