Standard Motor Products (SMP) Declares $0.27 Quarterly Dividend; 2.9% Yield
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Standard Motor Products, Inc. Announces Third Quarter 2022 Results and Quarterly Dividend
October 28, 2022 8:30 AM EDTNEW YORK, Oct. 28, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three and nine months ended September 30, 2022.
Net sales for the third quarter of 2022Â were $381.4 million, compared to consolidated net sales of $370.3 million during the comparable quarter in 2021. Earnings from continuing operations for the third quarter of 2022Â were $23.1 million or $1.06 per diluted share, compared to $29.2Â million or $1.29 per diluted share in the third quarter of 2021. Excluding... More

