Standard Motor Products (SMP) Declares $0.29 Quarterly Dividend; 4% Yield

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Standard Motor Products, Inc. Announces Third Quarter 2024 Results and Quarterly Dividend

October 30, 2024 8:30 AM EDT

Net Sales of $399.3M, up 3.3%, with all three operating segments showing increasesAdjusted diluted earnings per share of $1.28, up 15%Adjusted EBITDA up 80 basis points to 12.2%Nissens Automotive acquisition expected to close in near future Full year guidance remains unchanged

NEW YORK, Oct. 30, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer... More