LKQ Corporation

LKQ Corporation is a leading distributor of alternative and recycled automotive parts, supplying repair shops with aftermarket, salvage and remanufactured components across North America and Europe. By sourcing parts from wrecked vehicles and independent manufacturers, it offers lower-cost alternatives to original equipment and plays a significant role in the collision-repair supply chain. LKQ began paying a dividend only in recent years, so its record of increases is short, and the payout sits alongside a debt load built up through acquisitions. The yield is moderate and coverage is adequate but not generous. A below-average score reflects the young dividend history and the cyclical, integration-heavy nature of the business rather than any single weakness.