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StocksUpdated•Originally published 28 April 2026•Updated 28 April 2026•

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Genuine Parts Secures $1 Billion in Term Loans and Declares Quarterly Dividend

Key Facts

1Genuine Parts Company entered into a seventh amendment to its syndicated credit facility to establish term loan facilities totaling $1 billion.

2The Board of Directors declared a regular quarterly cash dividend of $1.0625 per share payable on July 2, 2026.

3Shareholders ratified the election of all director nominees and the appointment of Ernst & Young LLP as auditor for fiscal 2026.

Genuine Parts Company has entered into a seventh amendment to its syndicated credit facility, establishing new term loan facilities totaling $1 billion maturing in 2027. The company set June 5, 2026, as the record date for its quarterly dividend of $1.0625 per share, which is scheduled for payment in July 2026. In related corporate news, MetLife announced an increase in its quarterly dividend to $0.5925 per share, up from $0.5675. Meanwhile, CF Industries maintained its quarterly dividend payout at $0.50 per share. During its annual meeting, Genuine Parts shareholders ratified the election of director nominees and appointed Ernst & Young LLP as the independent auditor for fiscal year 2026. These collective actions highlight a broader corporate focus on debt restructuring and consistent shareholder capital returns across various sectors.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: Established the record date for Genuine Parts dividends and added updates on MetLife's dividend increase and CF Industries' maintained dividend.