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Standard Motor Products, Inc. (SMP) Raises Quarterly Dividend 28.6% to $0.09; 1.7% Yield

January 30, 2012 8:35 AM EST
Standard Motor Products, Inc. (NYSE: SMP) declared a quarterly dividend of $0.09 per share, or $0.36 annualized. This is a 28.6% increase from the prior dividend of $0.07.

The dividend will be payable on March 1, 2012, to stockholders of record on February 15, 2012, with an ex-dividend date of February 13, 2012.

The annual yield on the dividend is 1.7 percent.


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