AAP - Advance Auto Parts slashes quarterly dividend by 83% to $0.25 to enhance liquidity
2023-05-31 06:42:24 ET
- Advance Auto Parts ( NYSE: AAP ) declares $0.25/share quarterly dividend , -83.3% decrease from prior dividend of $1.50.
- Forward yield 0.89%
- Payable July 28; for shareholders of record July 14; ex-div July 13.
- The company cut its quarterly dividend by 83% after paying a $1.5 per share in each of the previous 4 quarters to provide enhanced financial flexibility.
- See AAP Dividend Scorecard, Yield Chart, & Dividend Growth.
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Advance Auto Parts slashes quarterly dividend by 83% to $0.25 to enhance liquidity