Company: Genuine Parts Company (GPC)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Genuine Parts sells aftermarket automotive parts (about 60% of sales) and industrial products (40% of sales) in the United States and internationally. The automotive segment primarily acts as a distributor to its network of 9,800 global retail locations of which about two thirds are independently owned and operated. we estimate Genuine serves around 6,000 retail locations in the US operating under the Napa Auto Parts brand, with about 80% of sales derived from professional customers. Its industrial segment, primarily operating under the Motion banner in the United States, serves as a leading distributor of bearings, power transmission, and other industrial products to over 200,000 maintenance, repair, and original equipment manufacturer clients. -Morningstar.com-
Symbol: GPC
Recent Price: $140.50
Dividends: $4.00
Yield: 2.85%
Sector: Consumer Cyclical
Industry: Specialty Retail
Address & Company Phone #: 2999 Wildwood Parkway Atlanta GA 30339, 678-934-5000
Transfer Agent: Computershare 800-568-3476
Moody’s Rating: NR
Minimum & Maximum Investment: $10 – $60,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share
Fees: Div.: 5% of amount invested up to max of $5+5¢/sh. Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $170.57, $126.35