Genuine Parts Co Payout ratio
What is the Payout ratio of Genuine Parts Co?
The Payout ratio of Genuine Parts Co. is 33.99%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Consumer Discretionary sector on NYSE compared to Genuine Parts Co
What does Genuine Parts Co do?
founded in 1928, genuine parts company (gpc) is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. our products and services are offered though a network of over 1,800 operations, geographically located across the united states, canada and mexico. with over 75 years of distribution expertise, our well-positioned, regionally located distribution centers provide us with the unique ability to adapt our product and service lines to better suit our customers' needs. gpc's commitment and reputation for just-in-time service position us as a critical partner in our customers' success. gpc began to diversify its product lines nearly 30 years ago into several end-markets with strong growth opportunities. although each product is unique, we have leveraged 75 years of distribution know-how to manage these businesses the gpc way - continually improving operating and distribution e
Companies with payout ratio similar to Genuine Parts Co
- Nuveen Taxable Municipal Income Fund has Payout ratio of 33.95%
- Ramsay Health Care has Payout ratio of 33.95%
- Gamehost has Payout ratio of 33.95%
- Nuveen California Quality Municipal Income Fund has Payout ratio of 33.96%
- Solvay SA has Payout ratio of 33.97%
- Steel City Securities has Payout ratio of 33.98%
- Genuine Parts Co has Payout ratio of 33.99%
- TK () has Payout ratio of 34.01%
- Intuit Inc has Payout ratio of 34.03%
- Olin has Payout ratio of 34.04%
- Nordson has Payout ratio of 34.06%
- Universal Medical & Technical Advisory Services has Payout ratio of 34.06%
- Service International has Payout ratio of 34.10%