Genuine Parts Raises Quarterly Dividend 3.2% to $1.0625, Marking 70th Straight Year
Genuine Parts Company declared a quarterly dividend of $1.0625 per share, increasing the annual rate to $4.25 from $4.12. The auto and industrial parts distributor extended its dividend growth streak to seven decades.
Genuine Parts Company declared a quarterly cash dividend of $1.0625 per share, representing a 3.2% increase from its previous quarterly payout of $1.03 per share. The dividend marks the company's 70th consecutive year of dividend increases, a milestone reached by fewer than 30 public companies. Read more dividend announcements.
The increased dividend raises the annual payout to $4.25 per share from $4.12 per share in 2025. Genuine Parts has paid a cash dividend every year since going public in 1948.
| Dividend Details | Information |
|---|---|
| Amount | $1.0625 per share |
| Record Date | March 6, 2026 |
| Payment Date | April 2, 2026 |
| Frequency | Quarterly |
The Atlanta-based company, which distributes automotive and industrial replacement parts through its Automotive Parts Group and Industrial Parts Group, announced the dividend increase alongside its fourth quarter and full-year 2025 results. The board approved the higher payout on February 17, 2026.
Fourth Quarter Performance
Genuine Parts reported fourth quarter sales of $6.0 billion, up 4.1% from $5.8 billion in the prior-year period. The increase reflected a 1.7% gain in comparable sales, a 1.5% contribution from acquisitions, and a 0.9% favorable impact from foreign currency and other factors.
Gross profit for the quarter totaled $2.1 billion, representing 35.0% of sales, compared with $2.1 billion, or 35.9% of sales, in the same period of 2024.
Full-Year Results and Cash Flow
For the twelve months ended December 31, 2025, Genuine Parts generated cash flow from operations of $891 million. The company reported net income of $66 million, or $0.47 per diluted share, compared with $904 million, or $6.47 per diluted share, in 2024.
Adjusted net income for 2025 was $1.0 billion, or $7.37 per diluted share, down from adjusted net income of $1.1 billion, or $8.16 per diluted share, in the prior year. Free cash flow totaled $421 million for the year.
The company used $318 million for acquisitions and $470 million for capital expenditures during 2025. Quarterly dividends paid to shareholders totaled $564 million.
Genuine Parts ended the year with total liquidity of $1.5 billion, consisting of $477 million in cash and $1.1 billion of available capacity under its $2.0 billion revolving credit facility.
2026 Outlook
The company provided full-year 2026 guidance calling for total sales growth of 3% to 5.5%. North America automotive sales are expected to grow 3% to 5%, international automotive sales 3% to 6%, and industrial sales 3% to 6%.
Genuine Parts projects diluted earnings per share of $6.10 to $6.60, and adjusted diluted earnings per share of $7.50 to $8.00. The company expects to generate operating cash flow of $1.0 billion to $1.2 billion and free cash flow of $550 million to $700 million.
The company also announced plans to separate into two independent publicly traded companies, splitting its automotive and industrial businesses. The separation is intended to create two market leaders better positioned to execute their respective strategies.