Advance Auto Parts, Inc. (NYSE:AAP) to Issue Quarterly Dividend of $0.25

Advance Auto Parts, Inc. (NYSE:AAP) declared a quarterly dividend on Tuesday, February 10th. Stockholders of record on Friday, April 10th will be paid a dividend of 0.25 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, April 10th.

Advance Auto Parts has a payout ratio of 32.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Advance Auto Parts to earn $1.57 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 63.7%.

Advance Auto Parts Trading Down 0.6%

Shares of AAP stock opened at $52.66 on Wednesday. The stock’s fifty day moving average is $52.74 and its two-hundred day moving average is $50.59. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.87 and a current ratio of 1.75. The firm has a market capitalization of $3.18 billion, a P/E ratio of 72.14, a PEG ratio of 0.69 and a beta of 1.04. Advance Auto Parts has a fifty-two week low of $28.89 and a fifty-two week high of $70.00.

Advance Auto Parts (NYSE:AAP) last announced its quarterly earnings data on Friday, February 13th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.45. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.95 billion. Advance Auto Parts had a return on equity of 6.23% and a net margin of 0.51%.The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter last year, the firm posted ($10.16) EPS. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.10 EPS. Research analysts expect that Advance Auto Parts will post -0.46 earnings per share for the current fiscal year.

Advance Auto Parts Company Profile

Advance Auto Parts, Inc (NYSE: AAP) is a leading distributor of automotive aftermarket parts, accessories, and maintenance items. The company operates a network of stores and distribution centers across North America, serving both do-it-yourself (DIY) customers and professional service providers. Advance Auto Parts focuses on offering a comprehensive selection of replacement parts, batteries, engine components, and performance products for cars and light trucks.

The company’s product portfolio includes engine oils and lubricants, cooling system components, brake and suspension parts, filters, belts, hoses, and diagnostic tools.