SmarterDividends
AAP

Advance Auto Parts, Inc.

AAP

Consumer Cyclical · Stock · quarterly payer

Forward Yield

1.79%

Annual Dividend

$1.00

Payout Ratio

89%

5-Yr Growth

0.0%

Ex-Date

Jul 10, 2026

Frequency

Quarterly

AAP Dividend Safety Score

51/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage89% of earnings paid out
Balance-sheet strengthDebt/equity of 2.55
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is AAP a good dividend stock?

Mixed

Advance Auto Parts, Inc. (AAP) pays a quarterly dividend yielding 1.79% ($1.00/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (89%)
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    1.79%
    Payout Ratio
    89%
    Annual Dividend
    $1.00
    5-Yr Avg Growth
    0.0%
    Ex-Dividend Date
    Jul 10, 2026
    Years of Growth
    2
    Frequency
    quarterly
    Beta
    1.06
    Market Cap
    $3.4B
    P/E Ratio
    49.9
    5-Yr Total Return
    -73%
    52-Week Range
    $37.89 – $70.00
    Dividend Safety
    C · 51/100
    Ever Cut?
    Yes (2023)
    AAP ex-dividend date & scheduleNext ex-date Jul 10, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.00 / yr per share

    Per payment (quarterly)$25.00
    Annual$100.00
    Monthly avg$8.33