Genuine Parts Company: One Of The Few Dividend Kings With A Yield Over 3%, But Wait

In my recent article quantitatively screening the Dividend Kings based on my criteria, I identified four stocks that are potentially interesting for Dividend Growth Investors. One of these was Genuine Parts Company (GPC). The company is a long time Dividend King having paid a growing dividend for 63 straight years. Only one company, American States Water (AWR), has paid a growing dividend for a longer period of time. Genuine Parts Company has many characteristics that dividend growth investors prefer including a yield > 3%, reasonable payout ratio, top and bottom line growth over time, decent balance sheet, and a long history of growing dividends. 

Please read the complete article at Seeking Alpha.

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