A bit about Advance Auto Parts
📅 Year founded: 1932
💼 Industry: Auto parts and retail
Advanced Auto Parts does what it says on the tin. It sells products including brakes, engines, batteries, tyres and oil filters for vehicles. It doesn’t stop there though. Advanced Auto Parts also has a commercial sales division that provides products and services to professional technicians and fleet customers, such as oil changes, tyre installation and battery replacements. Nothing quite like a diverse business model, eh!
How to buy Advance Auto Parts on the Shares app
Buying shares in Advance Auto Parts is straightforward.
1. Make sure that you have the Shares app downloaded.
2. Open the app and navigate to the Explore section (the magnifying glass) on the tab bar at the bottom of the app.
3. Use the search bar at the top to find Advance Auto Parts. Simply search using the company name or with their ticker symbol AAP.
4. Now, press ‘buy’.
5. Enter the monetary amount you’d like to spend. You can add a comment and even a GIF reflecting how you feel about your purchase. Once you’re ready, hit review.
6. Your big moment is coming up. Review your order – check the stock price, amount you’re spending, amount of shares you’re receiving, the service fee, and of course, that your witty comment and GIF are all looking sharp. Your time has come - hit confirm.
7. If the stock market that Advance Auto Parts is registered on is closed at the time of buying, your order will be scheduled for when the stock market reopens. Read about what time each stock market opens and closes.
8. You can double-check your investment by going onto your invest page, or by going onto the stock’s page directly.
How to sell Advance Auto Parts on the Shares app
1. The process for selling a stock is much the same as buying, only reversed. Click on your stock and tap sell (it’s right next to ‘buy’).
2. You’ll be asked the amount of shares you’d like to sell and a chance to review it, just like when you bought the stock. When you are ready, simply hit confirm.
Does Advance Auto Parts pay dividends?
Yes, Advance Auto Parts does currently pay dividends at the time of writing.
You can see the days it pays its dividends to shareholders and how much dividend income you can expect to earn via the Shares app.
Want to buy or sell another company? Check out our guides on:
This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. If you are unsure about anything, you should seek financial advice from an authorised advisor.
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