Running a Shop Law

Standard Motor Products Announces Increase in Quarterly Dividend

Order Reprints

Feb. 3, 2014—Standard Motor Products Inc., an automotive replacement parts manufacturer and distributor, announced Monday that its board of directors has approved an increase in its quarterly common stock dividend from 11 cents per share to 13 cents per share, payable on March 3 to stockholders of record on Feb. 18.

"Our board's decision reflects our positive financial performance and continued commitment to delivering returns to our investors," said Lawrence Sills, Standard Motor’s chairman and CEO. 

Recommended Products

2016 Ratchet+Wrench Shop Technology Survey: Complete Report

2015 Ratchet+Wrench Shop Performance Survey: Complete Report

2016 Ratchet+Wrench Shop Performance Survey: Complete Report

Related Articles

Standard Motor Products Announces Year End 2013 Results

Standard Motor Products Inc. Announces New President

Standard Motor Products Reports Q1 Numbers

You must login or register in order to post a comment.