SMP Standard Motor Products dividend history, payout ratio & dates
Standard Motor Products's last dividend was on Nov 15, 2024 (ex-date) with a distribution of $0.29 per share. At an annualized rate of $1.16 per share, the stock yields 3.78%.
Key dates
- SMP last dividend date: Nov 15, 2024
SMP dividend stats
vs. Consumer Cyclical sector
Dividend yield
Standard Motor Products's dividend yield of 3.78% is higher than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 2.67%, Standard Motor Products's dividend yield is 42% higher. The historical 5-year average of SMP's dividend yield is 2.6%, which is less than the current one.
Dividend history
Standard Motor Products has a long dividend history, including the last 14 consecutive years with dividend payouts. SMP has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price down by 24% from a year ago, the dividend yield has grown by 32%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 15, 2024 | $0.29 | 3.5% |
| Aug 15, 2024 | $0.29 | 3.83% |
| May 14, 2024 | $0.29 | 3.64% |
| Feb 14, 2024 | $0.29 | 2.89% |
| Nov 14, 2023 | $0.29 | 3.27% |
| Aug 14, 2023 | $0.29 | 3.11% |
| May 12, 2023 | $0.29 | 3.12% |
| Feb 14, 2023 | $0.29 | 2.77% |
| Nov 14, 2022 | $0.27 | 2.68% |
| Aug 12, 2022 | $0.27 | 2.65% |
| May 13, 2022 | $0.27 | 2.69% |
| Feb 14, 2022 | $0.27 | 2.16% |
| Nov 12, 2021 | $0.25 | 1.9% |
| Aug 13, 2021 | $0.25 | 2.29% |
| May 14, 2021 | $0.25 | 1.61% |
| Feb 12, 2021 | $0.25 | 1.18% |
| Nov 13, 2020 | $0.25 | 1.06% |
| Feb 13, 2020 | $0.25 | 1.83% |
| Nov 14, 2019 | $0.23 | 1.76% |
| Aug 14, 2019 | $0.23 | 2.03% |
| May 14, 2019 | $0.23 | 1.88% |
| Feb 14, 2019 | $0.23 | 1.78% |
| Nov 14, 2018 | $0.21 | 1.57% |
| Aug 14, 2018 | $0.21 | 1.63% |
| May 14, 2018 | $0.21 | 1.86% |
| Feb 14, 2018 | $0.21 | 1.63% |
| Nov 14, 2017 | $0.19 | 1.84% |
| Aug 11, 2017 | $0.19 | 1.63% |
| May 11, 2017 | $0.19 | 1.43% |
| Feb 13, 2017 | $0.19 | 1.39% |
| Nov 10, 2016 | $0.17 | 1.37% |
| Aug 11, 2016 | $0.17 | 1.54% |
| May 12, 2016 | $0.17 | 1.72% |
| Feb 11, 2016 | $0.17 | 1.82% |
| Nov 12, 2015 | $0.15 | 1.44% |
| Aug 12, 2015 | $0.15 | 1.65% |
| May 13, 2015 | $0.15 | 1.58% |
| Feb 12, 2015 | $0.15 | 1.37% |
Standard Motor Products dividend payout ratio
Payout ratio
Standard Motor Products's payout ratio of 70.3% is above the Consumer Cyclical sector and the industry average. If we compare it with its Consumer Cyclical sector average of 43.8%, Standard Motor Products's payout ratio is 61% higher.
Total amount of dividends paid per financial year (from cash flow)
SMP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SMP Standard Motor Products Inc | 3.78% | $1.16 | 70.3% |
| DAN Dana Inc | 3.48% | $0.4 | N/A |
| CMI Cummins Inc | 1.99% | $7 | 46.1% |
| BWA Borgwarner Inc | 1.38% | $0.44 | 11.1% |
Frequently asked questions
Does Standard Motor Products pay a dividend?
Yes, Standard Motor Products has been paying dividends for the last 14 years.
When was SMP's last dividend?
Standard Motor Products's last regular dividend was on Nov 15, 2024 (ex-date) with the amount of $0.29 per share.
How much dividend does Standard Motor Products pay (per share)?
SMP has paid dividend of $1.16 per share in the last year.
What is Standard Motor Products's dividend yield?
Standard Motor Products's current dividend yield is 3.78%.
How often does Standard Motor Products pay dividends?
Standard Motor Products has a quarterly dividend frequency.
What is Standard Motor Products's dividend payout ratio?
Standard Motor Products's dividend payout ratio is 70.3%.
Does Standard Motor Products pay a good dividend?
Standard Motor Products's dividend yield is more than the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.