Standard Motor Products Inc. (SMP) Tops Q1 EPS by 13c; Declares $0.07 Quarterly Dividend; 2% Yield
Standard Motor Products Inc. (NYSE: SMP) reported Q1 EPS of $0.31, $0.13 better than the analyst estimate of $0.18. Revenue for the quarter came in at $220.2 million versus the consensus estimate of $186.43 million.
Standard Motor's Board of Directors has approved payment of a quarterly dividend of $0.07 per share, $0.28 annualized.
The dividend will be paid on June 1, 2011 to stockholders of record on May 16, 2011, with an ex-dividend date of May 12, 2011.
Yield on the dividend is 2 percent.
Standard Motor's Board of Directors has approved payment of a quarterly dividend of $0.07 per share, $0.28 annualized.
The dividend will be paid on June 1, 2011 to stockholders of record on May 16, 2011, with an ex-dividend date of May 12, 2011.
Yield on the dividend is 2 percent.