Standard Motor Products, Inc. manufactures and distributes replacement parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry with a complementary focus on specialized original equipment parts for manufacturers across agriculture, heavy duty, and construction equipment industries. The company's Engine Management segment provides electronic ignition control modules, camshaft and crankshaft position sensors, ignition wires and coils, switches and relays, exhaust gas recirculation valves, pressure and temperature sensors, variable valve timing components, mass airflow and fuel pressure sensors, electronic throttle bodies, and diesel injectors and pumps; and anti-lock brake, vehicle speed, tire pressure monitoring, and park assist sensors. This segment offers its products under the Standard, Blue Streak, BWD, Intermotor, OEM, SMP Blue Streak Canada, GP Sorensen, Locksmart, Standard Motorcycle, and Blue Streak Race Wires brands. Its Temperature Control segment provides components for the temperature control systems, engine cooling systems, power window accessories, and windshield washer systems of motor vehicles under the Four Seasons, ACI, Hayden, Factory Air, and Maxair brands. Its products include air conditioning compressors and repair kits, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, actuators, hose assemblies, thermal expansion devices, heater valves, heater cores, A/C service tools and chemicals, fan assemblies, fan clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company serves primarily automotive aftermarket retailers, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico, and other Latin American countries. The company was founded in 1919 and is headquartered in Long Island City, New York.
Standard Motor Products Dividend Announcement
• Standard Motor Products announced a quarterly dividend of $0.29 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-15
• Standard Motor Products annual dividend for 2024 was $1.16
• Standard Motor Products annual dividend for 2023 was $1.16
• Standard Motor Products's trailing twelve-month (TTM) dividend yield is 3.49%
• Standard Motor Products's payout ratio for the trailing twelve months (TTM) is 70.08%
• Standard Motor Products's dividend growth over the last five years (2018-2023) was 6.67% year
• Standard Motor Products's dividend growth over the last ten years (2013-2023) was 10.18% year
Standard Motor Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.29 | quarterly | 2024-12-02 |
2024-08-15 | $0.29 | quarterly | 2024-09-03 |
2024-05-14 | $0.29 | quarterly | 2024-06-03 |
2024-02-14 | $0.29 | quarterly | 2024-03-01 |
2023-11-14 | $0.29 | quarterly | 2023-12-01 |
2023-08-14 | $0.29 | quarterly | 2023-09-01 |
2023-05-12 | $0.29 | quarterly | 2023-06-01 |
2023-02-14 | $0.29 | quarterly | 2023-03-01 |
2022-11-14 | $0.27 | quarterly | 2022-12-01 |
2022-08-12 | $0.27 | quarterly | 2022-09-01 |
2022-05-13 | $0.27 | quarterly | 2022-06-01 |
2022-02-14 | $0.27 | quarterly | 2022-03-01 |
2021-11-12 | $0.25 | quarterly | 2021-12-01 |
2021-08-13 | $0.25 | quarterly | 2021-09-01 |
2021-05-14 | $0.25 | quarterly | 2021-06-01 |
2021-02-12 | $0.25 | quarterly | 2021-03-01 |
2020-11-13 | $0.25 | quarterly | 2020-12-01 |
2020-02-13 | $0.25 | quarterly | 2020-03-02 |
2019-11-14 | $0.23 | quarterly | 2019-12-02 |
2019-08-14 | $0.23 | quarterly | 2019-09-03 |
2019-05-14 | $0.23 | quarterly | 2019-06-03 |
2019-02-14 | $0.23 | quarterly | 2019-03-01 |
2018-11-14 | $0.21 | quarterly | 2018-12-03 |
2018-08-14 | $0.21 | quarterly | 2018-09-04 |
2018-05-14 | $0.21 | quarterly | 2018-06-01 |
2018-02-14 | $0.21 | quarterly | 2018-03-01 |
2017-11-14 | $0.19 | quarterly | 2017-12-01 |
2017-08-11 | $0.19 | quarterly | 2017-09-01 |
2017-05-11 | $0.19 | quarterly | 2017-06-01 |
2017-02-13 | $0.19 | quarterly | 2017-03-01 |
2016-11-10 | $0.17 | quarterly | 2016-12-01 |
2016-08-11 | $0.17 | quarterly | 2016-09-01 |
2016-05-12 | $0.17 | quarterly | 2016-06-01 |
2016-02-11 | $0.17 | quarterly | 2016-03-01 |
2015-11-12 | $0.15 | quarterly | 2015-12-01 |
2015-08-12 | $0.15 | quarterly | 2015-09-01 |
2015-05-13 | $0.15 | quarterly | 2015-06-01 |
2015-02-12 | $0.15 | quarterly | 2015-03-02 |
2014-11-12 | $0.13 | quarterly | 2014-12-01 |
2014-08-13 | $0.13 | quarterly | 2014-09-02 |
2014-05-13 | $0.13 | quarterly | 2014-06-02 |
2014-02-13 | $0.13 | quarterly | 2014-03-03 |
2013-11-13 | $0.11 | quarterly | 2013-12-02 |
2013-08-15 | $0.11 | quarterly | 2013-09-03 |
2013-05-13 | $0.11 | quarterly | 2013-06-03 |
2013-02-13 | $0.11 | quarterly | 2013-03-01 |
Standard Motor Products Dividend per year
Standard Motor Products Dividend growth
Standard Motor Products Dividend Yield
Standard Motor Products current trailing twelve-month (TTM) dividend yield is 3.49%. Interested in purchasing Standard Motor Products stock? Use our calculator to estimate your expected dividend yield:
Standard Motor Products Financial Ratios
Standard Motor Products Dividend FAQ
Other factors to consider when evaluating Standard Motor Products as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Standard Motor Products's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Standard Motor Products publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Standard Motor Products distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Standard Motor Products are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Standard Motor Products sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Standard Motor Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Standard Motor Products declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Standard Motor Products's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Standard Motor Products's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.