Genuine Parts, the Atlanta auto parts distributor, raised its dividend before reporting its year-end results.

Genuine Parts increased its 2011 dividend by 10 percent Monday, to $1.80 per share from $1.64 per share. The company will report its fourth-quarter and year-end earnings Tuesday morning.

This is the 55th consecutive year of increased dividends, the company said. Genuine Parts also elected the chairman and CEO of Holder Properties, John. R. Holder, to its board.

About the Author

Keep Reading

Jeff Graham (right) executive director of Georgia Equality, leads supporters carrying boxes of postcards into then-Gov. Nathan Deal’s office on March 2, 2016. Representatives from gay rights groups delivered copies of 75,000 emails to state leaders urging them to defeat so-called religious liberty legislation they believed would legalize discrimination. (Bob Andres/AJC)

Featured

The Midtown Atlanta skyline is shown in the background as an employee works in Cargill's new office, Jan. 16, 2025, in Atlanta.  (Jason Getz/AJC)

Credit: Jason Getz / Jason.Getz@ajc.com