Free Trial

Advance Auto Parts (AAP) Dividend Yield, Date & History

Advance Auto Parts logo
$43.52 +1.56 (+3.72%)
(As of 12/20/2024 05:31 PM ET)

Advance Auto Parts Dividend Summary

Dividend Yield
2.30%
Annual Dividend
$1.00
Next
Dividend Payment
Jan. 24
Annualized 3-Year
Dividend Growth
38.67%
Dividend Payout Ratio
136.99%

Advance Auto Parts (AAP) pays an annual dividend of $1.00 per share, with a dividend yield of 2.30%. The next quarterly payment of $0.25 per share is scheduled for Friday, January 24, to investors who own the stock before the ex-dividend date of Friday, January 10. The company currently pays out 136.99% of its earnings and 18.52% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

AAP Dividend Payments by Quarter

The chart below displays up to four years of Advance Auto Parts' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

AAP Dividend Yield Over Time

The chart below tracks Advance Auto Parts' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Advance Auto Parts vs. The Competition

Compare Advance Auto Parts' annual dividend, yield, and 3-year growth rate with averages for Retail and NYSE companies to evaluate its performance against the market.

TypeAdvance Auto PartsRetail CompaniesNYSE Companies
Annual Dividend$1.00$0.03$1.39
Dividend Yield2.30%167.13%3.62%
Annualized 3-Year Dividend Growth38.67%27.48%15.78%

Advance Auto Parts Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings136.99%
Based on This Year's Estimate-185.19%
Based on Next Year's Estimate64.10%
Based on Cashflow18.52%

Advance Auto Parts Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/29/2024quarterly$0.25 - 2.6%1/10/20251/10/20251/24/2025
8/7/2024quarterly$0.25 - 2%10/11/202410/11/202410/25/2024
5/21/2024Quarterly$0.25 - 1.6%7/12/20247/12/20247/26/2024
2/13/2024quarterly$0.25 - 1.55%4/11/20244/12/20244/26/2024
10/31/2023quarterly$0.25 - 1.71%1/11/20241/12/20241/26/2024
8/7/2023quarterly$0.25 - 1.5%10/12/202310/13/202310/27/2023
5/30/2023quarterly$0.25-$1.25
83.33%
0.89%7/13/20237/14/20237/28/2023
2/21/2023Quarterly$1.50 - 4.14%4/13/20234/14/20234/28/2023

This table shows Advance Auto Parts' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Advance Auto Parts Dividend - Frequently Asked Questions

The current dividend yield for Advance Auto Parts is 2.30%. Learn more on AAP's dividend yield history.

The annual dividend for AAP shares is $1.00. Learn more on AAP's annual dividend history.

Advance Auto Parts pays quarterly dividends to shareholders.

Advance Auto Parts's next quarterly dividend payment of $0.25 per share will be made to shareholders on Friday, January 24, 2025.

Advance Auto Parts's most recent quarterly dividend payment of $0.25 per share was made to shareholders on Friday, October 25, 2024.

Advance Auto Parts's next ex-dividend date is Friday, January 10, 2025.

Advance Auto Parts's most recent ex-dividend date was Friday, October 11, 2024.

Over the past three years, the company's dividend has grown by an average of 38.67% per year.

The most recent change in the company's dividend was a decrease of $1.25 on Tuesday, May 30, 2023.

The dividend payout ratio for AAP is:
  • 136.99% based on the trailing year of earnings
  • 64.10% based on next year's estimates
  • 18.52% based on cash flow

Advance Auto Parts' dividend yield of 2.27% is lower than the average Retail/Wholesale company that issues a dividend. Advance Auto Parts' dividend payout ratio of 136.99% may not be sustainable. However, based on earnings estimates, AAP will have a more sustainable dividend payout ratio of 64.10% next year.

Looking at the stock as a whole, market analysts rate Advance Auto Parts stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:AAP) was last updated on 12/22/2024 by MarketBeat.com Staff
From Our Partners