SMP Standard Motor Products dividend history, payout ratio & dates
Standard Motor Products's last dividend was on Aug 15, 2024 (ex-date) with a distribution of $0.29 per share. At an annualized rate of $1.16 per share, the stock yields 4.01%.
Key dates
- SMP last dividend date: Aug 15, 2024
SMP dividend stats
vs. Consumer Cyclical sector
Dividend yield
Standard Motor Products's dividend yield of 4.01% is higher than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 2.53%, Standard Motor Products's dividend yield is 58% higher. The historical 5-year average of SMP's dividend yield is 2.5%, 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 grown by 1.8% since one year ago. And with the stock price down by 8% from a year ago, the dividend yield has grown by 11%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 65.2% is above the Consumer Cyclical sector and the industry average. If we compare it with its Consumer Cyclical sector average of 39.1%, Standard Motor Products's payout ratio is 67% 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 | 3.92% | $1.16 | 65.2% |
| DAN Dana Inc | 3.84% | $0.4 | N/A |
| CMI Cummins Inc | 2.06% | $6.86 | 49.2% |
| BWA Borgwarner Inc | 1.3% | $0.44 | 14.1% |
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 Aug 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 4.01%.
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 65.2%.
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.