Showing posts with label Genuine Parts Company. Show all posts
Showing posts with label Genuine Parts Company. Show all posts

Thursday, February 24, 2011

Genuine Parts symbol, GPC. Be careful what you read.

Genuine Parts is one the dividend machines I profiled for income investors to include in the income producing part of their portfolios back in November, 2010. I was very disappointed today when I read in the Wall Street Journal that the dividend had been reduced; when in fact GPC increased our income from $.41 per share to $.45 per share this quarter. The Wall Street Journal accurately reported the change from $.41 to $.45 but placed the notice in the "reduced payout" list.
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Tuesday, December 7, 2010

Dividend Machines and Diversification

Diversification is one of the most important aspects of investing.

I try to profile companies that meet all our criteria as a dividend machine and also provide diversification. Never own just one company. One hundred companies are too many to own. Know your companies, what they do as well as their fundamentals.

Diversification is not just measured by how much cash you have versus the percent invested in bonds and stocks. Diversification can be measured in many ways. Let's look at the companies I have profiled over the last 4 weeks as an illustration of how to diversify with dividend machines.

11/14/2010 – MCHP Microchip Technology a smaller electronics company that makes microprocessors and receives about three quarters of its income from outside the U.S.

11/21/2010 – JNJ Johnson & Johnson a very large multinational company that is a big pharma, biotech, and band aid company. You get a lot of diversification in just one company.

11/28/2010 – GPC Genuine Auto Parts is both a producer of auto parts and a retailer with most of its business in the United States.

12/06/2010 – KMB Kimberly Clark a very large multinational company concentrating on consumer staples like tissue and diapers with sales in both the U.S. and abroad.

Look for companies that meet our criteria and that also provide diversification and sit back and watch your income grow.

Very Truly Yours,

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Sunday, November 28, 2010

Dividend Machine Genuine Auto Parts, GPC

Dividend machine, Genuine Parts Company symbol GPC is an excellent example of a company that performs on all cylinders for the income investor. GPC is number three of the fifty two dividend machines that I will profile for your income investing portfolio.

Let's deconstruct this company from an income investor's viewpoint. GPC makes a lot of money. Current earnings are $2.87 per share. Remember one of our 4 rules is that if we invest in a company it has to make money and GPC delivers on that front.

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