Advance Auto Parts Dividends and Buybacks

Dividend criteria checks 3/6

Advance Auto Parts is a dividend paying company with a current yield of 2.29%. 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 Yield2.5%
Future Dividend Yield2.3%
Dividend Growth26.2%
Next dividend pay date24 Jan 25
Ex dividend date10 Jan 25
Dividend per shareAR$1.000
Payout ratio126%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayDec 06 2024Ex Dividend DateJan 10 2025Dividend Pay DateJan 24 202514 days from Ex DividendBuy in the next 34 days to receive the upcoming dividend

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
How does AAP dividend yield compare to the market?
SegmentDividend Yield
Company (AAP)2.3%
Market Bottom 25% (AR)0.6%
Market Top 25% (AR)2.6%
Industry Average (Specialty Retail)4.6%
Analyst forecast (AAP) (up to 3 years)2.3%

Notable Dividend: AAP's dividend (2.29%) is higher than the bottom 25% of dividend payers in the AR market (0.55%).

High Dividend: AAP's dividend (2.29%) is low compared to the top 25% of dividend payers in the AR market (2.72%).


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.


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