Key updates for dividend-focused investors

MCDONALD’S CORP. $243 is a buy. The fast-food giant (New York symbol MCD; Income-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 746.8 million; Market cap: $181.5 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Highest; www.mcdonalds.com) now has 39,396 restaurants in about 120 countries. It last… Read More

Earnings just jumped 87.5% at Genuine Parts Co.

Earnings just jumped 87.5% at Genuine Parts Co.

Improved sales of automotive parts led to a 9.1% revenue rise for this company during the most-recent quarter.

A cost control plan continues to help boost earnings, while the stock trades at 23.0 times the company’s 2021 earnings forecast.

GENUINE PARTS CO. (New York symbol GPC; www.genpt.com)… Read More

Cyclical gains fuel this dividend

GENUINE PARTS CO. $125 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 144.5 million; Market cap: $18.1 billion; Dividend yield: 2.6%; Dividend Sustainability Rating: Above Average; www.genpt.com) is a leading seller of replacement auto parts. It has 1,100 company-owned… Read More

They’re poised for post-pandemic gains

Genuine Parts and Snap-On both stand to gain as COVID-19 shutdowns ease and car sales rebound. However, we feel Genuine’s businesses outside of auto parts and wider geographic presence better protects it from possible future shutdowns.
GENUINE PARTS CO. $115 is a buy. The company (New York symbol… Read More

Genuine Parts Co. just grew earnings 17.3%

Genuine Parts Co. just grew earnings 17.3%

Like other top industrial stocks, this company’s strong balance sheet should help it cope with economic shocks during the COVID-19 pandemic. That should generate further dividend hikes for investors in 2021 as the pandemic eases.

The company trades at an attractive 17.5 times its projected 2021… Read More

Genuine gains from narrower focus

GENUINE PARTS CO. $90 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 145.9 million; Market cap: $13.1 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.genpt.com) raised your quarterly dividend by 3.6% with the… Read More