GPC's unbroken dividend streak since 1999 yields 3%, while LKQ's 5% yield trades below book value with a Goldman-led strategic review pending.
Gentex runs a nearly debt-free balance sheet, with $1.89 trailing EPS covering its $0.48 annual dividend and aggressive buybacks shrinking the share count.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Repair demand is the quiet defensive layer inside a cyclical industry. Americans are keeping cars longer, and every mile driven eventually needs a filter, a mirror, a ***** per cover, or a brake caliper. That reality is why a small group of US-listed auto parts names have been able to send cash to shareholders through recessions, tariff scares, and new-vehicle slumps. The three names below all pay a verified dividend, span both aftermarket distribution and original-equipment supply, and range from a 2.13% yield backed by a debt-free balance sheet to a 5.05% yield trading below book value.
Genuine Parts (NYSE:GPC) is the NAPA owner and the closest thing this bundle has to an income staple. The stock yields 3.13% at a recent price of $131.45, with a quarterly payout of $1.0625 per share and an annualized run rate of $4.25.
#free
Gentex runs a nearly debt-free balance sheet, with $1.89 trailing EPS covering its $0.48 annual dividend and aggressive buybacks shrinking the share count.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Repair demand is the quiet defensive layer inside a cyclical industry. Americans are keeping cars longer, and every mile driven eventually needs a filter, a mirror, a ***** per cover, or a brake caliper. That reality is why a small group of US-listed auto parts names have been able to send cash to shareholders through recessions, tariff scares, and new-vehicle slumps. The three names below all pay a verified dividend, span both aftermarket distribution and original-equipment supply, and range from a 2.13% yield backed by a debt-free balance sheet to a 5.05% yield trading below book value.
Genuine Parts (NYSE:GPC) is the NAPA owner and the closest thing this bundle has to an income staple. The stock yields 3.13% at a recent price of $131.45, with a quarterly payout of $1.0625 per share and an annualized run rate of $4.25.
#free
2 months ago
