Genuine Parts paid a total dividend of 395 million USD last year, for a market capitalization of 14,522 millions.
Dividend per share of Genuine Parts is 2.63 USD, and his stock market price 96.81 USD.
According to the chart, where dividend yield is displayed, Genuine Parts has a dividend yield of 2.72%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
About the ability of Genuine Parts to maintain his current dividend of USD 2.63 per share, an amount that accounts for 2.72%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Genuine Parts payout on ernings is currently 53.02%, which is higher than the market average, and companies of Consumer Goods industry, which are 40.24% and 37.56% respectively. Both figures show that Genuine Parts can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Genuine Parts is USD 7.74 per share, which is higher than the dividend per share paid by the company of USD 2.63, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Genuine Parts, compared againt world market average, USA companies, Consumer Goods industry and Automobiles and Parts sector companies. You might also need to check full financial report of Genuine Parts.
Genworth Financial A. USA. Financials.Gerdau PN. Brazil. Basic Materials.Getin Noble Bank SA. Poland. Financials.Getinge B. Sweden. Health Care.GF Securities (H). China. Financials.Giant Manufacturing. Taiwan. Consumer Goods.
Genting Singapore. Singapore. Consumer Services.Genting Malaysia BHD. Malaysia. Consumer Services.Genting. Malaysia. Consumer Services.Gentex Corp. USA. Consumer Goods.Gentera SAB de CV. Mexico. Financials.Genmab. Denmark. Health Care.
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