Advance Auto Parts Dividends and Buybacks
Dividend criteria checks 3/6
Advance Auto Parts is a dividend paying company with a current yield of 2.28%. Next payment date is on 24th January, 2025 with an ex-dividend date of 10th January, 2025.
Key information
2.3%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 26.3% |
| Next dividend pay date | 24 Jan 25 |
| Ex dividend date | 10 Jan 25 |
| Dividend per share | AR$1.000 |
| Payout ratio | 126% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AAP's dividend payments have been volatile in the past 10 years.
Growing Dividend: AAP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Advance Auto Parts Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AAP) | 2.3% |
| Market Bottom 25% (AR) | 0.6% |
| Market Top 25% (AR) | 2.9% |
| Industry Average (Specialty Retail) | 4.4% |
| Analyst forecast (AAP) (up to 3 years) | 2.3% |
Notable Dividend: AAP's dividend (2.28%) is higher than the bottom 25% of dividend payers in the AR market (0.58%).
High Dividend: AAP's dividend (2.28%) is low compared to the top 25% of dividend payers in the AR market (2.86%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (126.4%), AAP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.2%), AAP's dividend payments are well covered by cash flows.