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Stock impact report

Genuine Parts seen preserving its dividend [Seeking Alpha]

Genuine Parts Company (GPC) 
Last genuine parts company earnings: 2/19 08:40 am Check Earnings Report
US:NYSE Investor Relations: genuineparts.investorroom.com
Company Research Source: Seeking Alpha
Consumer|On the MoveGenuine Parts seen preserving its dividendApr. 8, 2020 7:24 AM ETGenuine Parts Company (GPC)Clark SchultzBank of America upgrades Genuine Parts Company (NYSE:The firm says it sees 12% upside potential for shares up to $78 and reminds that GPC is a "Dividend King" with 64 straight years of increasing its dividend payout. "Given this long-term track record, which persisted even through the Great Recession, we expect GPC to maintain a trajectory of dividend growth and to seek out other sources of cost savings and reallocation of capital in order to preserve the dividend," reasons the BofA analyst team.Shares of GPC aredown 1.44%See all stocks on the move »Now read:Party City extends store closures, sets furloughs, cuts executive pay » Show less Read more
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