AAP Stock — Advance Auto Parts, Inc.

Advance Auto Parts, Inc. (AAP)

Updated October 2, 2026.

AAP is a Stock. its distribution rate is 2.59%, its trailing-12-month yield is 2.59%. Dividend Vision Distribution Safety Score™ is 36/100 (Elevated risk). Total return is 235.3% over the past 24.8 years, 715.7 points behind SPY at 951.0%.

At the current 2.59% distribution rate, a $10,000 investment would generate approximately $259 per year, or about $64.75 per quarter if the next payment matches the last regular one.

Advance Auto Parts, Inc. is an automotive aftermarket retailer that sells parts, accessories, tools, and chemicals to both professional installers and do-it-yourself customers through stores operating under the Advance Auto Parts and Carquest brands across North America and the Caribbean, along with online sales. The company distributes quarterly at a modest current distribution rate. This stock may appeal to income investors seeking exposure to the automotive aftermarket retail sector.

AAP performance versus SPY

Price and return data through 2026-10-02.

Total return is 235.3% over the past 24.8 years, 715.7 points behind SPY at 951.0%. Over the past year its total return — price change plus distributions reinvested — is -36.5%. Its deepest 1-year drawdown was 38.3%.

AAP key facts

Distribution Safety Score™

36 · Elevated risk

Safety-Adjusted Yield

0.93%

Asset type

Stock

Asset class

Equity

Inception date

11/29/2001

Distribution rate

2.59%

Distribution frequency

Quarterly

Trailing yield

2.59%

5-year average yield

2.3

Last close

$38.68 (as of 2026-10-02)

Market cap

$2,336,272,000

Average volume

1532100.0

Next dividend

$0.25

Next ex-dividend date

10/09/2026

Next payment date

10/23/2026

Beta

1.033

Payout ratio

27.9%

P/E ratio

21.61

Forward P/E

10.7643

EPS

$1.79

How Dividend Vision calculates yield and returns

Distribution rate (2.59%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.59%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AAP risks and drawbacks

AAP's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 38.3%.

Who may consider AAP — and who may not

AAP may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (AAP pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions