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 Yield
2.5%
Future Dividend Yield
2.3%
Dividend Growth
26.2%
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
How does AAP dividend yield compare to the market?
Segment
Dividend 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.