15 Best Dividend Aristocrat Stocks with Over 3% Yield

7. Genuine Parts Company (NYSE:GPC)

Dividend Yield as of March 29: 3.48%

Genuine Parts Company (NYSE:GPC) is an American industrial supplies company, based in Georgia. The company mainly specializes in automotive and industrial replacement parts. In the past 12 months, the stock has declined by over 23% as the company faces challenges due to slow industrial production in the US. In addition, the decline in the sales of replacement automotive parts has also taken a toll on the stock’s price. However, GPC has rebounded slightly in 2025, surging by over 2% so far.

In addition, Genuine Parts Company (NYSE:GPC)’s earnings also came in strong. In the fourth quarter of 2024, the company reported a revenue of $5.77 billion, which saw a 3.3% growth from the same quarter last year. The revenue also surpassed analysts’ estimates by $57.6 million. The company reported a gross profit of $2.1 billion, which represented 35.9% of total sales. GPC’s net income for the quarter came in at $133 million, which translated into $0.96 per diluted share.

Genuine Parts Company (NYSE:GPC) is a strong dividend payer, boasting a healthy balance sheet with solid cash generation. In FY24, the company reported an operating cash flow of $1.3 billion, and its free cash flow amounted to $684 million. In addition, it also returned $705 million to shareholders through dividends and share repurchases. The company’s quarterly dividend sits at $1.03 per share for a dividend yield of 3.48%, as of March 29. It is one of the best dividend aristocrat stocks on our list, as the company has been raising its payouts for 69 consecutive years, holding one of the longest streaks in the market.