Standard Motor Products, Inc. Announces Increase in its Quarterly Dividend

Core Point - Standard Motor Products, Inc. has announced an increase in its quarterly common stock dividend from $0.29 to$0.31 per share, reflecting a positive outlook for the company [1] Company Summary - The Board of Directors of Standard Motor Products, Inc. approved the dividend increase, which will be payable on March 3, 2025 [1] - The record date for shareholders to receive the dividend is February 14, 2025 [1] Industry Context - As a leading automotive parts manufacturer and distributor, Standard Motor Products, Inc. is positioned to benefit from ongoing demand in the automotive sector [1]