Updating your Income-Growth Payers: Genuine Parts

GENUINE PARTS CO. $171 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 143.2 million; Market cap: $24.5 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Above Average; www.genpt.com) is a leading seller of replacement auto parts. It also distributes industrial… Read More

Industrial stocks keep rewarding investors

These three industrial stocks have rebounded strongly from their pandemic lows as the economy re-opens. While supply-chain disruptions and rising costs for labour and shipping add risk, all three continue to reward investors with higher dividends and share buybacks. Even so, not all of them… Read More

This acquisition looks promising

GENUINE PARTS CO. $134 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 143.2 million; Market cap: $19.2 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Above Average; www.genpt.com) last raised its quarterly dividend by 3.2% with the April 2021 payment… Read More