ATLANTA, April 23, 2012 /PRNewswire/ -- The Board of Directors of Genuine Parts Company (NYSE: GPC) declared a regular quarterly cash dividend of forty-nine and one-half cents ($.495) per share on the Company's common stock.
The dividend is payable July 2, 2012 to shareholders of record June 8, 2012.
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., Canada and Mexico 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 2011 revenues of $12.5 billion.