Standard Motor Products Dividend
Dividend criteria checks 4/6
Standard Motor Products is a dividend paying company with a current yield of 3.13% that is well covered by earnings.
Key information
3.1%
Dividend yield
37%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.16 |
| Earnings per share | US$3.01 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Standard Motor Products (NYSE:SMP) Is Reinvesting At Lower Rates Of Return
Mar 14
Standard Motor Products' (NYSE:SMP) Dividend Will Be Increased To $0.29
Feb 06Here's What's Concerning About Standard Motor Products' (NYSE:SMP) Returns On Capital
Dec 09Recent updates
Standard Motor Products (NYSE:SMP) Is Reinvesting At Lower Rates Of Return
Mar 14Standard Motor Products Non-GAAP EPS of $0.69 beats by $0.13, revenue of $308.2M misses by $14.29M
Feb 22Standard Motor Products' (NYSE:SMP) Dividend Will Be Increased To $0.29
Feb 06Standard Motor Products lifts dividend by 7.4% to $0.29/share
Feb 01Here's What's Concerning About Standard Motor Products' (NYSE:SMP) Returns On Capital
Dec 09We Think That There Are More Issues For Standard Motor Products (NYSE:SMP) Than Just Sluggish Earnings
Nov 07Standard Motor Products declares $0.27 dividend
Oct 28Standard Motor Products acquires Kade Trading
Oct 05Standard Motor Products Non-GAAP EPS of $0.86 misses by $0.32, revenue of $359.4M beats by $2.81M
Aug 03Standard Motor Products: A Car Parts Company Trading At A Good Price
Jul 03If EPS Growth Is Important To You, Standard Motor Products (NYSE:SMP) Presents An Opportunity
Jun 27Some Investors May Be Worried About Standard Motor Products' (NYSE:SMP) Returns On Capital
May 10Is Standard Motor Products (NYSE:SMP) A Risky Investment?
Mar 19Standard Motor Products (NYSE:SMP) Is Paying Out A Larger Dividend Than Last Year
Feb 04Should You Be Adding Standard Motor Products (NYSE:SMP) To Your Watchlist Today?
Jan 26Standard Motor Products (NYSE:SMP) Has Re-Affirmed Its Dividend Of US$0.25
Oct 31Are Investors Undervaluing Standard Motor Products, Inc. (NYSE:SMP) By 36%?
Oct 14Standard Motor Products (NYSE:SMP) Knows How To Allocate Capital
Sep 29Standard Motor Products: Well-Run Company, But Industry Trends Remain A Challenge
Sep 22Standard Motor Products acquires Trombetta for $108M
Jun 01Here's Why Standard Motor Products, Inc.'s (NYSE:SMP) CEO May Have Their Pay Bumped Up
May 15Standard Motor Products declares $0.25 dividend
May 05A Look At The Intrinsic Value Of Standard Motor Products, Inc. (NYSE:SMP)
Apr 19Is Standard Motor Products (NYSE:SMP) Using Too Much Debt?
Apr 06Here's Why We Think Standard Motor Products (NYSE:SMP) Is Well Worth Watching
Mar 22Did Standard Motor Products, Inc. (NYSE:SMP) Insiders Sell Shares?
Mar 08Dividend Yield vs Market
| Standard Motor Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMP) | 3.1% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Auto Components) | 2.2% |
| Analyst forecast in 3 Years (SMP) | n/a |
Notable Dividend: SMP's dividend (3.13%) is higher than the bottom 25% of dividend payers in the US market (1.61%).
High Dividend: SMP's dividend (3.13%) is low compared to the top 25% of dividend payers in the US market (4.88%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 6/8/2023 | 1.16 | 3.1% |
| 5/3/2023 | 1.16 | 3.2% |
| 2/1/2023 | 1.16 | 3.1% |
| 10/29/2022 | 1.08 | 2.9% |
| 8/4/2022 | 1.08 | 3% |
| 5/4/2022 | 1.08 | 2.6% |
| 2/1/2022 | 1.08 | 2.4% |
| 10/29/2021 | 1 | 2% |
| 8/5/2021 | 1 | 2.3% |
| 5/6/2021 | 1 | 2.2% |
| 2/24/2021 | 1 | 2.3% |
| 2/23/2021 | 1 | 2.4% |
| 10/29/2020 | 1 | 2.3% |
| 10/28/2020 | 1 | 2.2% |
| 7/30/2020 | - | 0% |
| 7/29/2020 | - | 0% |
| 4/30/2020 | - | 0% |
| 4/29/2020 | - | 0% |
| 1/31/2020 | 1 | 2.3% |
| 10/31/2019 | 0.92 | 1.8% |
| 10/30/2019 | 0.92 | 1.7% |
| 7/30/2019 | 0.92 | 2% |
| 7/25/2019 | 0.92 | 2% |
| 5/2/2019 | 0.92 | 2% |
| 4/30/2019 | 0.92 | 1.9% |
| 2/4/2019 | 0.92 | 1.8% |
| 10/30/2018 | 0.84 | 1.7% |
| 10/26/2018 | 0.84 | 1.6% |
| 7/31/2018 | 0.84 | 1.7% |
| 7/26/2018 | 0.84 | 1.8% |
| 5/4/2018 | 0.84 | 1.8% |
| 5/3/2018 | 0.84 | 1.9% |
| 2/1/2018 | 0.84 | 1.8% |
| 10/26/2017 | 0.76 | 1.7% |
| 7/31/2017 | 0.76 | 1.6% |
| 5/4/2017 | 0.76 | 1.5% |
| 5/3/2017 | 0.76 | 1.5% |
| 2/1/2017 | 0.76 | 1.6% |
| 10/28/2016 | 0.68 | 1.3% |
| 10/27/2016 | 0.68 | 1.4% |
| 8/3/2016 | 0.68 | 1.5% |
| 5/4/2016 | 0.68 | 1.7% |
| 1/12/2016 | 0.68 | 2% |
| 10/30/2015 | 0.6 | 1.5% |
| 10/29/2015 | 0.6 | 1.4% |
| 7/31/2015 | 0.6 | 1.7% |
| 7/30/2015 | 0.6 | 1.7% |
| 5/4/2015 | 0.6 | 1.7% |
| 4/30/2015 | 0.6 | 1.6% |
| 2/2/2015 | 0.6 | 1.5% |
| 10/30/2014 | 0.52 | 1.4% |
| 7/30/2014 | 0.52 | 1.4% |
| 5/1/2014 | 0.52 | 1.2% |
| 2/3/2014 | 0.52 | 1.5% |
| 10/31/2013 | 0.44 | 1.3% |
| 8/7/2013 | 0.44 | 1.4% |
| 5/3/2013 | 0.44 | 1.3% |
| 1/30/2013 | 0.44 | 1.7% |
| 10/30/2012 | 0.36 | 1.7% |
| 8/6/2012 | 0.36 | 2% |
Stable Dividend: SMP's dividend payments have been volatile in the past 10 years.
Growing Dividend: SMP's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), SMP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.3%), SMP's dividend payments are covered by cash flows.