Advance Auto Parts, Inc. (NYSE:AAP) to Issue $0.25 Quarterly Dividend

Advance Auto Parts, Inc. (NYSE:AAP) declared a quarterly dividend on Tuesday, February 10th. Investors of record on Friday, April 10th will be paid a dividend of 0.25 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, April 10th.

Advance Auto Parts has a payout ratio of 32.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Advance Auto Parts to earn $1.57 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 63.7%.

Advance Auto Parts Trading Down 0.6%

Shares of AAP stock opened at $52.66 on Wednesday. The business’s fifty day moving average price is $52.74 and its 200 day moving average price is $50.59. Advance Auto Parts has a 1-year low of $28.89 and a 1-year high of $70.00. The firm has a market capitalization of $3.18 billion, a PE ratio of 72.14, a P/E/G ratio of 0.69 and a beta of 1.04. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.75 and a quick ratio of 0.87.

Advance Auto Parts (NYSE:AAP) last announced its quarterly earnings data on Friday, February 13th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.45. Advance Auto Parts had a return on equity of 6.23% and a net margin of 0.51%.The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the prior year, the company posted ($10.16) earnings per share. Advance Auto Parts’s quarterly revenue was down 1.2% on a year-over-year basis. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.10 EPS. As a group, sell-side analysts forecast that Advance Auto Parts will post -0.46 EPS for the current fiscal year.

About Advance Auto Parts

Advance Auto Parts, Inc (NYSE: AAP) is a leading distributor of automotive aftermarket parts, accessories, and maintenance items. The company operates a network of stores and distribution centers across North America, serving both do-it-yourself (DIY) customers and professional service providers. Advance Auto Parts focuses on offering a comprehensive selection of replacement parts, batteries, engine components, and performance products for cars and light trucks.

The company’s product portfolio includes engine oils and lubricants, cooling system components, brake and suspension parts, filters, belts, hoses, and diagnostic tools.