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Advance Auto Parts Inc. (AAP) logo

Advance Auto Parts Inc.

S&P 500

AAP/Consumer Cyclical · Auto Parts/NYSE

Dividend Yield

1.80%

$1.00 · Annual Dividend

Stock Price$59.20P/E49.5MCap3.3BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

54/ 100Caution

AAP's dividend shows some areas that warrant monitoring. Strengths include a 20.3% fcf payout ratio & 1.8x current ratio. Areas of concern: 89.3% earnings payout ratio & 82.2% cfo payout ratio. The dividend has been growing at a 5.92% 5-year CAGR.

Based on 14 of 15 metrics

Strengths

  • FCF Payout Ratio: 20.3%Free cash flow comfortably covers the dividend.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Interest Coverage: 0.3xInterest coverage is thin relative to debt servicing.
  • Return on Equity: 3.1%Return on equity is below industry norms.
  • Earnings Payout Ratio: 89.3%High earnings payout ratio leaves little safety margin.

Payout & Coverage

Caution
20.3%Very Safe
82.2%Warning

Balance Sheet

Safe

Profitability

Warning
3.8%Warning
43.4%Safe

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe
Mostly StableCaution

About Advance Auto Parts Inc.

Advance Auto Parts Inc. is a specialty automotive aftermarket parts retailer and distributor serving both professional repair shops and do‑it‑yourself vehicle owners across North America. The company offers a broad assortment of replacement parts, batteries, accessories, motor oil, tools, and maintenance items for domestic and imported cars, light trucks, and commercial vehicles. Through its Advance Auto Parts, Carquest, Worldpac, and independent partner networks, it supports customers with extensive parts availability and delivery capabilities, emphasizing rapid fulfillment and coverage for a wide range of vehicle makes and models. The business plays a key role in the automotive maintenance and repair ecosystem by helping extend vehicle life cycles and support everyday transportation needs. Advance Auto Parts Inc., founded in 1929 and headquartered in Raleigh, North Carolina, operates through store, branch, and distribution center locations, as well as digital channels, serving retail consumers, commercial garages, and other automotive professionals.

Dividend Overview

Dividend Yield

1.80%

Annual Dividend

$1.00

Frequency

Quarterly

Payout Ratio

89.29%

FCF Payout Ratio

20.27%

52-Week Range

$37.89 - $70.00

Dividend History (2016–2025)

AAP annual dividend per share and yield history

Earnings & Profitability

AAP earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

July 10, 2026

Next Payment Date

July 24, 2026

Dividend Growth

3-Year Dividend CAGR

-44.97%

5-Year Dividend CAGR

5.92%

10-Year Dividend CAGR

15.34%

3-Year Total Growth

-83.33%

5-Year Total Growth

33.33%

10-Year Total Growth

316.67%

Income Calculator

AAP Dividend Calculator

Total Investment

$5,920.00

Annual Income

$100.00

Quarterly Income

$25.00

Monthly Income

$8.33

Frequently Asked Questions

What is AAP's current dividend yield?
Advance Auto Parts Inc. (AAP) currently has a dividend yield of 1.80%, based on a stock price of $59.20 and an annual dividend of $1.00.
When is AAP's next dividend payment date?
AAP's next ex-dividend date is 2026-07-10 and the next payment date is 2026-07-24. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does AAP pay in dividends per year?
Advance Auto Parts Inc. paid $1.00 per share in annual dividends in 2025. The dividends are paid quarterly.
Has AAP been increasing its dividend?
Advance Auto Parts Inc. has grown its dividend at a 5-year CAGR of 5.92% and a 10-year CAGR of 15.34%.
Is AAP's dividend safe?
Advance Auto Parts Inc. has a payout ratio of 89.29%. Its free cash flow payout ratio is 20.27%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is AAP's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Advance Auto Parts Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer cyclical companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.