Monday, May 21, 2012

Dividend Machine for week of May 21, 2012 GPC

Dividend Machine for week of May 21, 2012 Genuine Parts Company (GPC)
       
           I just love to visit a company’s website, click on the investor section, and find “Dividends” as my first option.  Research drives all investor decisions.   Four very important company fundamental measurements guide my research.  Since we are income investors, the dividend information is very important.   I verify the information I get from public websites by going to the company’s official website.   Dividends, being our source of income, are important to verify and I was very impressed with GPC’s dividend history.

You should go to the website just to see their fifty seven year dividend history.  (Genuine Parts Investor Services) For this reason, GPC is the dividend machine for this week.  Not only is the dividend history strong, so is their earnings history; and they perform like this with a debt to equity ratio (D/E ratio) of only .17.  Earnings per share (EPS) over the past four quarters are $3.71.   If you own it by June 6, 2012, you will receive $.495 in a quarterly dividend on July 2, 2012.   The forward annualized dividend of $1.96 is a yield of 3.18% based on the closing price of $61.52.

DIVIDEND MACHINE
GPC


Price when profiled
$61.52
Last 4 Qtrs Earnings
$3.71
Last 4 Qtrs Dividends
$1.84
Current Qtr Dividend
$0.49
Annualized Div Yield
3.19%
No. Years Div Increase
56
Debt/Equity ratio
17.00%


           
Very Truly Yours,

TheMoneyMadam