Standard Motor Products (SMP) Raises Quarterly Dividend 11.8% to $0.19; 1.5% Yield

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Go back to Standard Motor Products (SMP) Raises Quarterly Dividend 11.8% to $0.19; 1.5% Yield

Standard Motor Products, Inc. Announces Increase in Quarterly Dividend

February 1, 2017 8:15 AM EST

NEW YORK, Feb. 1, 2017 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), an automotive replacement parts manufacturer and distributor, announced today that its Board of Directors has approved an increase in its quarterly common stock dividend from seventeen cents per share to nineteen cents per share, payable on March 1, 2017 to stockholders of record on February 15, 2017.

Eric Sills, Standard Motor Products' Chief Executive... More