Genuine Parts Company (GPC)

All of the old cars the U.S. population are driving will need to be fixed with replacement parts, benefiting this fine company that's increased their dividend for 53 years in a row. The current dividend of 4.3% is nothing to sneeze at either.

People keeping their cars longer, good dividend

Rated 5 stars.

Ford Strong Buy, S&P (4 or 3 stars), Member of S&P 500

Much more responsibly managed and financially sound then Autozone (AZO). Also, historically this stock's price appreciation has kept pace with the S&P, but the dividend yield has TROUNCED the yield on the S&P.

Reinvesting dividends in this dividend paying stalwart looks like a winning strategy to me.

Elite Dividend pick - http://seekingalpha.com/article/133954-6-elite-dividend-stocks?source=article_sb_picks

Way better than AZO for service.

A wonderful company with a great track record. Would like to see it a little cheaper.

A large group of Americans are repairing their cars instead of replacing them.

Looking at the stock price over several different periods of time, I found that GPC consistently outperformed the market. They have consistently paid a dividend and have also split several times. Management has a major stake in the value of the shares. I think I'm going to like this baby a whole lot.

High yield strategy: TMFHighYield says to look for "high dividend payers from the S&P 500 from diverse sectors, relatively low debt, and a history of increasing dividend payments." This is my services pick.

A good company with recognized quality parts. Replacement and repair is the name of the game in automotive industry in a recession. Look around at how many repair shops display the NAPA Quality Parts Sign!!

This stock weathered the storm better than most in the last 2 market downturns.

This is a growing company with a good dividend that I think wiil continue to grow and is at a good price now.

Currenntly over valued. Target $28 a share, Top producer of after market parts. Dividends in this down market will bring a premium.

Competitor AZO is trading 13x more (to book value) than GPC. But considering the dividend history, and GPC's stability in bad markets, investors probably would be getting more bang for their buck going with GPC now instead.

Lee

auto parts storees

I use their products, so do a lot of others. They've been in business forever and pay a dividend while you wait.

A place to hide in a rough economy. Going to watch for a bit, but I may actually buy some...

Fewer new cars being sold means more parts being bought for used cars.