8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): February 21, 2006

Genuine Parts Company
__________________________________________
(Exact name of registrant as specified in its charter)

Georgia	001-05690	58-0254510
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
2999 Circle 75 Pkwy, Atlanta, Georgia		30339
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 770.953.1700

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On February 20, 2006, the Board of Directors of Genuine Parts Company declared an increase of 8% in the regular quarterly cash dividend for 2006. The Board increased the cash dividend payable to an annual rate of $1.35 per share compared with the previous dividend of $1.25 per share. The quarterly cash dividend of $.3375 cents per share is payable April 3, 2006 to shareholders of record March 10, 2006.

In addition, the Board of Directors approved the following corporate officer changes. Scott C. Smith was elected to the position of Senior Vice President – Corporate Counsel, Carol B. Yancey was elected to the position of Senior Vice President – Finance and Corporate Secretary and Sidney G. Jones was elected to the position of Vice President – Investor Relations.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

99.1 Press Release dated February 20, 2006

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Genuine Parts Company
February 21, 2006	By:	Jerry W. Nix
		Name: Jerry W. Nix
		Title: Vice Chairman and CFO

Exhibit Index

Exhibit No.	Description
99.1	Press Release dated February 20, 2006

EX-99.1

FOR IMMEDIATE RELEASE

Contact: Jerry W. Nix, Vice Chairman and Chief Financial Officer
(770) 612-2048

GENUINE PARTS COMPANY
DIVIDENDS INCREASED 50 CONSECUTIVE YEARS
BOARD DECLARES 8% INCREASE IN QUARTERLY DIVIDEND
AND ANNOUNCES OFFICER CHANGES

Atlanta, Georgia, February 20, 2006 — The Board of Directors of Genuine Parts Company
(NYSE: GPC) declared an increase of 8% in the regular quarterly cash dividend for 2006. The Board increased the cash dividend payable to an annual rate of $1.35 per share compared with the previous dividend of $1.25 per share. The quarterly cash dividend of thirty-three and three quarter cents ($.3375) per share is payable April 3, 2006 to shareholders of record March 10, 2006. GPC has paid a cash dividend every year since going public in 1948 and this recent increase marks the 50^th consecutive year.

Genuine Parts Company also announced that on February 20, 2006, the Board of Directors approved the following corporate officer changes. Scott C. Smith was elected to the position of Senior Vice President – Corporate Counsel, Carol B. Yancey was elected to the position of Senior Vice President – Finance and Corporate Secretary and Sidney G. Jones was elected to the position of Vice President – Investor Relations. All three of these individuals have been with the Company for 15 years and these promotions will further strengthen our corporate legal and financial teams.

Genuine Parts Company plans to release Fourth Quarter and Year-End Earnings on February 21, 2006. Management will also conduct a conference call on this date at 11:00 a.m. Eastern time. You are invited to join the call, which will be hosted by Tom Gallagher, Chairman, President and CEO, and Jerry Nix, Vice Chairman and CFO. The public may access the call by dialing 877-422-4780 and using the conference ID 4921359. If you are unable to participate during the call, a replay of the call will be available at 800-642-1687 (conference ID 4921359) until 12:00 a.m. Eastern time on March 7, 2006.

About Genuine Parts Company

Genuine Parts Company is a distributor of automotive replacement parts in the U.S., Canada and Mexico. The Company also distributes industrial replacement parts in the U.S. and Canada through its Motion Industries subsidiary. S. P. Richards Company, the Office Products Group, distributes business products nationwide in the U.S. and in Canada. The Electrical/Electronic Group, EIS, Inc., distributes electrical and electronic components throughout the U.S., Canada and Mexico.