Advance Auto Parts Dividend

Dividend criteria checks 1/6

Advance Auto Parts is a dividend paying company with a current yield of 1.19%. Next payment date is on 26th April, 2024 with an ex-dividend date of 11th April, 2024.

Key information

1.2%

Dividend yield

450%

Payout ratio

Industry average yield1.8%
Next dividend pay date26 Apr 24
Ex dividend date11 Apr 24
Dividend per sharen/a
Earnings per shareUS$0.50
Dividend yield forecast in 3Y1.2%

Recent dividend updates

Recent updates

Advance Auto Parts' Q4 Earnings: A First Step To Get Back On Track

Feb 29

Advanced Auto Parts: Broken Down But Repairs Being Made

Dec 17

Advance Auto Parts: The New Normal

Nov 27

At US$55.94, Is Advance Auto Parts, Inc. (NYSE:AAP) Worth Looking At Closely?

Nov 14
At US$55.94, Is Advance Auto Parts, Inc. (NYSE:AAP) Worth Looking At Closely?

Advance Auto Parts (NYSE:AAP) Use Of Debt Could Be Considered Risky

Nov 01
Advance Auto Parts (NYSE:AAP) Use Of Debt Could Be Considered Risky

Advance Auto Parts: Cheap For A Reason And An Uncertain Future

Oct 31

Advance Auto Parts: Another Retailer Stuck Between 'A Rock And A Hard Place'

Oct 17

Credit Downgrade Could Worsen Advance Auto Parts' Cash Flow Problem

Sep 14

Be Wary Of Advance Auto Parts (NYSE:AAP) And Its Returns On Capital

Sep 04
Be Wary Of Advance Auto Parts (NYSE:AAP) And Its Returns On Capital

Advance Auto Parts: Attractive Valuation After Losing Half Its Value In 2023

Aug 09

Advance Auto Parts: Its Mediocrity Is Unsustainable

Jul 20

Advance Auto Parts: A Quick Recovery Won't Be Easy

Jul 13

Advance Auto Parts: Better Safe Than Sorry

Jul 05

There Are Reasons To Feel Uneasy About Advance Auto Parts' (NYSE:AAP) Returns On Capital

Jun 01
There Are Reasons To Feel Uneasy About Advance Auto Parts' (NYSE:AAP) Returns On Capital

Advance Auto Parts Q1 Earnings: Too Many Headwinds, Avoid

May 31

Advance Auto Parts: Shares Have Fallen Too Far

May 23

These 4 Measures Indicate That Advance Auto Parts (NYSE:AAP) Is Using Debt Extensively

May 17
These 4 Measures Indicate That Advance Auto Parts (NYSE:AAP) Is Using Debt Extensively

Why Advance Auto Parts, Inc. (NYSE:AAP) Could Be Worth Watching

Mar 31
Why Advance Auto Parts, Inc. (NYSE:AAP) Could Be Worth Watching

Advance Auto Parts, Inc. (NYSE:AAP) Shares Could Be 31% Below Their Intrinsic Value Estimate

Mar 16
Advance Auto Parts, Inc. (NYSE:AAP) Shares Could Be 31% Below Their Intrinsic Value Estimate

Advance Auto Parts (NYSE:AAP) Has More To Do To Multiply In Value Going Forward

Feb 18
Advance Auto Parts (NYSE:AAP) Has More To Do To Multiply In Value Going Forward

Is Advance Auto Parts (NYSE:AAP) A Risky Investment?

Feb 02
Is Advance Auto Parts (NYSE:AAP) A Risky Investment?

When Should You Buy Advance Auto Parts, Inc. (NYSE:AAP)?

Dec 19
When Should You Buy Advance Auto Parts, Inc. (NYSE:AAP)?

Advance Auto Parts goes ex-dividend tomorrow

Dec 14

Is Advance Auto Parts, Inc. (NYSE:AAP) Trading At A 41% Discount?

Dec 04
Is Advance Auto Parts, Inc. (NYSE:AAP) Trading At A 41% Discount?

Advance Auto Parts' (NYSE:AAP) Returns Have Hit A Wall

Nov 17
Advance Auto Parts' (NYSE:AAP) Returns Have Hit A Wall

Advance Auto Parts Q3 2022 Earnings Preview

Nov 14

We Think Advance Auto Parts (NYSE:AAP) Is Taking Some Risk With Its Debt

Nov 01
We Think Advance Auto Parts (NYSE:AAP) Is Taking Some Risk With Its Debt

Advance Auto Parts Can Drive Higher Even In A Recession

Oct 15

Advance Auto Parts goes ex-dividend tomorrow

Sep 15

Is There Now An Opportunity In Advance Auto Parts, Inc. (NYSE:AAP)?

Sep 13
Is There Now An Opportunity In Advance Auto Parts, Inc. (NYSE:AAP)?

Advance Auto Parts, Inc. (NYSE:AAP) Shares Could Be 49% Below Their Intrinsic Value Estimate

Aug 29
Advance Auto Parts, Inc. (NYSE:AAP) Shares Could Be 49% Below Their Intrinsic Value Estimate

Advance Auto Parts Q2 2022 Earnings Preview

Aug 22

Here's Why Advance Auto Parts (NYSE:AAP) Has A Meaningful Debt Burden

Aug 02
Here's Why Advance Auto Parts (NYSE:AAP) Has A Meaningful Debt Burden

Advance Auto Parts' (NYSE:AAP) Returns On Capital Not Reflecting Well On The Business

Jul 19
Advance Auto Parts' (NYSE:AAP) Returns On Capital Not Reflecting Well On The Business

Upcoming Dividend Payment

TodayMar 27 2024Ex Dividend DateApr 11 2024Dividend Pay DateApr 26 202415 days from Ex DividendBuy in the next 15 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)1.2%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Specialty Retail)1.8%
Analyst forecast in 3 Years (AAP)1.2%

Notable Dividend: AAP's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: AAP's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (4.67%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (449.7%), AAP's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (132.4%), AAP's dividend payments are not well covered by cash flows.


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