AAP dividend yield calculator – Advance Auto Parts Announces 1.5 Cash Dividend
April 6, 2023
Dividends Yield
On April 1, 2023, Advance Auto Parts ($NYSE:AAP) Inc. announced a 1.5 cash dividend. This marks the company’s fourth consecutive annual dividend per share of 6.0 USD with a dividend yield of 2.95%. This makes it one of the more attractive stocks for investors interested in stock dividends. Those interested in the dividend should be aware that the ex-dividend date for the next dividend is April 13, 2023. This means that the shares must be purchased before that date in order to receive the dividend.
It is also important to note that any shareholders of record as of that date will be eligible to receive the next dividend payment. Overall, ADVANCE AUTO PARTS is a strong stock for those seeking dividends, offering a steady and reliable income stream with a focus on returning value to shareholders. As such, investors interested in this type of investment may want to consider ADVANCE AUTO PARTS as a viable option.
Market Price
The dividend offers shareholders the opportunity to benefit from the company’s continued success and growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AAP. More…
| Total Revenues | Net Income | Net Margin |
| 11.15k | 501.87 | 4.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AAP. More…
| Operations | Investing | Financing |
| 722.22 | -424.45 | -620.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AAP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.02k | 9.34k | 45.19 |
Key Ratios Snapshot
Some of the financial key ratios for AAP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.7% | 1.8% | 6.3% |
| FCF Margin | ROE | ROA |
| 2.7% | 16.2% | 3.6% |
Analysis
At GoodWhale, we are dedicated to helping our clients make informed decisions when investing. That’s why we provide an easy and comprehensive analysis of the financials of ADVANCE AUTO PARTS. After closely studying the company’s financials, we have concluded that ADVANCE AUTO PARTS is a low risk investment in terms of financial and business aspects. However, we did detect one risk warning in the balance sheet. To access this risk warning, you need to become a registered user. Once you’re registered, you’ll be able to read the risk warning and make your own decisions about investing in ADVANCE AUTO PARTS. More…
Peers
Advance Auto Parts Inc is an American automotive aftermarket parts retailer. Headquartered in Roanoke, Virginia, Advance Auto Parts has over 5,200 stores in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates under the Advance Auto Parts, Advance Discount Auto Parts, and Auto World names. Genuine Parts Co is an American service organization engaged in the distribution of automotive and industrial replacement parts and products, operating under the NAPA Auto Parts, NAPA Home & Business Solutions, and Worldpac brands. CarParts.com Inc is an American online retailer of aftermarket car parts and accessories, headquartered in Carson, California. O’Reilly Automotive Inc is an American retailer specializing in the sale of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States.
– Genuine Parts Co ($NYSE:GPC)
Genuine Parts Co is a distributor of automotive and industrial replacement parts in the U.S., Canada, Mexico, Australasia, and Africa. It operates through the following segments: Automotive, Industrial, Electrical, and Office Products Group. The Automotive segment offers original equipment and aftermarket products for light and heavy duty vehicles. The Industrial segment supplies replacement parts for various industries, including material handling, transportation, construction, food and beverage, and others. The Electrical segment provides replacement parts for the electrical distribution industry. The Office Products Group segment comprises of office products and office furniture. Genuine Parts was founded by Erskine Henderson on May 13, 1928 and is headquartered in Atlanta, GA.
– CarParts.com Inc ($NASDAQ:PRTS)
CarParts.com Inc has a market cap of 301.17M as of 2022, a Return on Equity of 1.06%. The company is an online retailer of automotive parts and accessories. CarParts.com offers a wide range of parts for all makes and models of vehicles.
– O’Reilly Automotive Inc ($NASDAQ:ORLY)
O’Reilly Automotive Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. As of 2022, it had a market cap of 51.63B and a ROE of -159.26%. The company operates through four segments: Retail Stores, Wholesale Parts, Professional Customer and eCommerce. It offers products under the following brands: O’Reilly Auto Parts, AutoZone, Advance Auto Parts, NAPA Auto Parts and Carquest Auto Parts.
Summary
ADVANCE AUTO PARTS is a company that may be of interest to investors seeking stocks that pay dividends. Over the last three years, ADVANCE AUTO PARTS has issued an annual dividend per share of 6.0 USD and has a dividend yield of 2.95%. While this is not the highest yield in the market, it is still an attractive option for investors looking for a steady cash flow.
Additionally, it is important to consider both the stability of the company’s financials and the performance of the stock in relation to the broader market. Ultimately, before making a decision to invest, it is important to do your research and make sure that ADVANCE AUTO PARTS is the right fit for your portfolio.
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