Standard Motor Products (NYSE: SMP) declared a quarterly dividend of $0.21 per share, or $0.84 annualized.

The dividend will be payable on December 3, 2018, to stockholders of record on November 15, 2018, with an ex-dividend date of November 14, 2018.

The annual yield on the dividend is 1.9 percent.

Mr. Eric P. Sills, Standard Motor Products' Chief Executive Officer and President, stated, "We are pleased with our performance in the quarter. After a challenging first half, which was largely impacted by temporary or timing-related issues, our third quarter showed positive signs of recovery. We believe this trend will continue for the balance of the year...

"In closing, while we recognize that there is still a great deal of work ahead of us, we are pleased with the quarter, and feel that the temporary issues that have recently had a negative impact on us are either waning or are in the past. Coupled with strong signs of customer sell-through and industry health in general, we are excited about the future."

For a dividend history and other dividend-related data on Standard Motor Products (SMP) click here.