ATLANTA, April 18, 2011 /PRNewswire/ -- The Board of Directors of Genuine Parts Company (NYSE: GPC) declared a regular quarterly cash dividend of forty-five cents($.45) per share on the Company's common stock.
The dividend is payable July 1, 2011 to shareholders of record June 10, 2011.
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 2010 revenues of $11.2 billion.