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Standard Motor Products, Inc. Announces Increase in its Quarterly Dividend

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Standard Motor Products (NYSE: SMP), an automotive parts manufacturer and distributor, has announced a dividend increase approved by its Board of Directors. The quarterly common stock dividend will increase from $0.29 per share to $0.31 per share, representing a 6.9% increase. The dividend will be payable on March 3, 2025, to shareholders of record as of February 14, 2025.

Standard Motor Products (NYSE: SMP), un produttore e distributore di parti automobilistiche, ha annunciato un aumento del dividendo approvato dal suo Consiglio di Amministrazione. Il dividendo trimestrale per le azioni ordinarie passerà da $0,29 per azione a $0,31 per azione, equivalente a un incremento del 6,9%. Il dividendo sarà pagabile il 3 marzo 2025, agli azionisti registrati al 14 febbraio 2025.

Standard Motor Products (NYSE: SMP), un fabricante y distribuidor de piezas automotrices, ha anunciado un aumento del dividendo aprobado por su Junta Directiva. El dividendo trimestral de acciones ordinarias aumentará de $0.29 por acción a $0.31 por acción, lo que representa un aumento del 6.9%. El dividendo será pagadero el 3 de marzo de 2025, a los accionistas registrados hasta el 14 de febrero de 2025.

스탠다드 모터 제품 (NYSE: SMP), 자동차 부품 제조 및 유통업체, 이사회에서 승인한 배당금 인상을 발표했습니다. 분기별 보통주 배당금이 주당 $0.29에서 주당 $0.31로 인상되어 6.9%의 증가를 나타냅니다. 배당금은 2025년 3월 3일에 지급되며, 2025년 2월 14일 기준으로 주주에게 지급됩니다.

Standard Motor Products (NYSE: SMP), un fabricant et distributeur de pièces automobiles, a annoncé une augmentation du dividende approuvée par son Conseil d'Administration. Le dividende trimestriel ordinaire passera de 0,29 $ par action à 0,31 $ par action, représentant une augmentation de 6,9 %. Le dividende sera payable le 3 mars 2025, aux actionnaires enregistrés au 14 février 2025.

Standard Motor Products (NYSE: SMP), ein Hersteller und Distributor von Automobilteilen, hat eine von seinem Vorstand genehmigte Erhöhung der Dividende bekannt gegeben. Die vierteljährliche Dividende für Stammaktien wird von 0,29 $ pro Aktie auf 0,31 $ pro Aktie erhöht, was einer Steigerung von 6,9 % entspricht. Die Dividende wird am 3. März 2025 ausgezahlt und an die zum 14. Februar 2025 registrierten Aktionäre gezahlt.

Positive
  • Dividend increased by 6.9% from $0.29 to $0.31 per share
  • Shows company's financial strength and commitment to shareholder returns
Negative
  • None.

NEW YORK, Feb. 3, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today that its Board of Directors has approved an increase in its quarterly common stock dividend from twenty-nine cents per share to thirty-one cents per share, payable on March 3, 2025, to shareholders of record on February 14, 2025. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/standard-motor-products-inc-announces-increase-in-its-quarterly-dividend-302365669.html

SOURCE Standard Motor Products, Inc.

FAQ

What is Standard Motor Products' (SMP) new quarterly dividend amount for 2025?

Standard Motor Products' new quarterly dividend is $0.31 per share, increased from $0.29 per share.

When will SMP's increased dividend be paid in March 2025?

The increased dividend will be paid on March 3, 2025, to shareholders of record as of February 14, 2025.

What is the percentage increase in SMP's quarterly dividend for 2025?

SMP's quarterly dividend increased by 6.9%, from $0.29 to $0.31 per share.

What is the record date for SMP's increased dividend in February 2025?

The record date for SMP's increased dividend is February 14, 2025.

Standard Motor Products

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