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Monday, April 20, 2009

Genuine Parts (GPC) Declares Quarterly Dividend of $0.40

The Board of Directors of Genuine Parts Company (NYSE: GPC - News) declared a regular quarterly cash dividend of forty cents ($.40) per share on the Company's common stock.

he dividend is payable July 1, 2009 to shareholders of record June 5, 2009.

About Genuine Parts Company

Genuine Parts Company is a distributor of automotive replacement parts in the U.S., Canada and Mexico. The Company also distributes industrial replacement parts in the U.S. and Canada through its Motion Industries subsidiary. S. P. Richards Company, the Office Products Group, distributes business products nationwide in the U.S. and in Canada. The Electrical/Electronic Group, EIS, Inc., distributes electrical and electronic components throughout the U.S., Canada and Mexico. Genuine Parts Company had 2008 revenues of $11.0 billion.

Disclosure I own GPC.

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