Standard Motor Products (NYSE: SMP) boosts quarterly dividend to $0.33
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Standard Motor Products, Inc. disclosed that it is increasing its quarterly common stock dividend from $0.31 to $0.33 per share. The higher dividend will be paid on March 2, 2026 to shareholders of record as of February 16, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What dividend change did Standard Motor Products (SMP) announce?
Standard Motor Products announced a quarterly dividend increase from $0.31 to $0.33 per common share. This higher cash payment reflects a modest raise to the company’s regular shareholder distribution policy for its common stock.
When will Standard Motor Products’ new $0.33 dividend be paid?
The new $0.33 quarterly dividend will be paid on March 2, 2026. Shareholders who are on the company’s records as of the February 16, 2026 record date will be eligible to receive this cash dividend payment.
What is the record date for Standard Motor Products’ increased dividend?
The record date for the increased $0.33 quarterly dividend is February 16, 2026. Investors who own Standard Motor Products common shares on that date will be recognized as shareholders of record for receiving the March 2, 2026 dividend.
How did Standard Motor Products disclose its dividend increase?
Standard Motor Products disclosed the dividend increase in a Form 8-K under “Other Events.” The company also issued a press release, filed as Exhibit 99.1, announcing the move from a $0.31 to $0.33 quarterly common stock dividend.