Advance Auto Parts's most recent quarterly dividend of $0.25 per share was on Apr 11, 2024 (ex-date). The annualized payout of $1 per share represents a current dividend yield of 1.3%.
AAP has a dividend yield of 1.3% which is lower than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 2.4%, Advance Auto Parts's dividend yield is 46% lower. The historical 5-year average of AAP's dividend yield is 2.1%, which is more than the current one.
Advance Auto Parts has a history of paying dividends since 2006. Our records of AAP show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has decreased by 83% for the last year. And since the stock price has gone down by 39% from a year ago, the dividend yield has decreased by 73%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 11, 2024 | Apr 26, 2024 | Feb 13, 2024 | $0.25 | normal |
| Jan 11, 2024 | Jan 26, 2024 | Oct 31, 2023 | $0.25 | normal |
| Oct 12, 2023 | Oct 27, 2023 | Aug 7, 2023 | $0.25 | normal |
| Jul 13, 2023 | Jul 28, 2023 | May 30, 2023 | $0.25 | normal |
| Apr 13, 2023 | Apr 28, 2023 | Feb 21, 2023 | $1.5 | normal |
| Dec 15, 2022 | Jan 3, 2023 | Nov 7, 2022 | $1.5 | normal |
| Sep 15, 2022 | Sep 30, 2022 | Aug 16, 2022 | $1.5 | normal |
| Jun 16, 2022 | Jul 1, 2022 | May 18, 2022 | $1.5 | normal |
| Mar 17, 2022 | Apr 1, 2022 | Feb 14, 2022 | $1.5 | normal |
| Dec 16, 2021 | Jan 3, 2022 | Nov 15, 2021 | $1 | normal |
| Sep 16, 2021 | Oct 1, 2021 | Aug 10, 2021 | $1 | normal |
| Jun 17, 2021 | Jul 2, 2021 | Apr 20, 2021 | $1 | normal |
| Mar 18, 2021 | Apr 2, 2021 | Feb 10, 2021 | $0.25 | normal |
| Dec 17, 2020 | Jan 4, 2021 | Nov 10, 2020 | $0.25 | normal |
| Sep 17, 2020 | Oct 2, 2020 | Aug 11, 2020 | $0.25 | normal |
| Jun 11, 2020 | Jul 3, 2020 | May 19, 2020 | $0.25 | normal |
| Mar 19, 2020 | Apr 3, 2020 | Feb 12, 2020 | $0.25 | normal |
| Dec 19, 2019 | Jan 3, 2020 | Nov 12, 2019 | $0.06 | normal |
| Sep 19, 2019 | Oct 4, 2019 | Aug 7, 2019 | $0.06 | normal |
| Jun 20, 2019 | Jul 5, 2019 | May 14, 2019 | $0.06 | normal |
| Mar 21, 2019 | Apr 5, 2019 | Feb 11, 2019 | $0.06 | normal |
| Dec 20, 2018 | Jan 4, 2019 | Nov 7, 2018 | $0.06 | normal |
| Sep 20, 2018 | Oct 5, 2018 | Aug 8, 2018 | $0.06 | normal |
| Jun 21, 2018 | Jul 6, 2018 | May 15, 2018 | $0.06 | normal |
| Mar 22, 2018 | Apr 6, 2018 | Feb 6, 2018 | $0.06 | normal |
| Dec 21, 2017 | Jan 5, 2018 | Nov 7, 2017 | $0.06 | normal |
| Sep 21, 2017 | Oct 6, 2017 | Aug 10, 2017 | $0.06 | normal |
| Jun 21, 2017 | Jul 7, 2017 | May 16, 2017 | $0.06 | normal |
| Mar 22, 2017 | Apr 7, 2017 | Feb 15, 2017 | $0.06 | normal |
| Dec 21, 2016 | Jan 6, 2017 | Nov 14, 2016 | $0.06 | normal |
| Sep 21, 2016 | Oct 7, 2016 | Aug 9, 2016 | $0.06 | normal |
| Jun 15, 2016 | Jul 1, 2016 | May 17, 2016 | $0.06 | normal |
| Mar 16, 2016 | Apr 1, 2016 | Feb 9, 2016 | $0.06 | normal |
| Dec 22, 2015 | Jan 8, 2016 | Nov 9, 2015 | $0.06 | normal |
| Sep 16, 2015 | Oct 2, 2015 | Aug 12, 2015 | $0.06 | normal |
AAP has a payout ratio of 200% which is higher than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 34.1%, Advance Auto Parts's payout ratio is 487% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MNRO Monro Inc | 3.79% | $1.12 | 103.7% |
| GPC Genuine Parts Co | 2.37% | $3.85 | 42.7% |
| AAP Advance Auto Parts Inc | 1.27% | $1 | 200% |
Yes, Advance Auto Parts has been paying dividends for the last 18 years.
Currently AAP's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2024.
Advance Auto Parts's last dividend ex-date was on Apr 11, 2024. The dividend amount was $0.25 per share.
AAP's annualized dividend per share is $1.
Advance Auto Parts's current dividend yield is 1.3%.
Advance Auto Parts has a quarterly dividend frequency.
The dividend payout ratio of Advance Auto Parts is 200%.
Advance Auto Parts's dividend yield is less than the Consumer Cyclical sector average.