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Standard Motor Products (Standard Motor Products) 3-Year Dividend Growth Rate

: 32.40% (As of Dec. 2023)
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Standard Motor Products's Dividends per Share for the three months ended in Dec. 2023 was $0.29.

The historical rank and industry rank for Standard Motor Products's 3-Year Dividend Growth Rate or its related term are showing as below:

SMP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: 8.3   Max: 32.4
Current: 32.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Standard Motor Products was 32.40% per year. The lowest was -20.60% per year. And the median was 8.30% per year.

SMP's 3-Year Dividend Growth Rate is ranked better than
79.96% of 534 companies
in the Vehicles & Parts industry
Industry Median: 9.9 vs SMP: 32.40

During the past 12 months, Standard Motor Products's average Dividends Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Standard Motor Products's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.72. As of today, Standard Motor Products's Dividend Yield % is 3.55%.

Good Sign:

Standard Motor Products Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Auto Parts subindustry, Standard Motor Products's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Standard Motor Products 3-Year Dividend Growth Rate Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Standard Motor Products's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Standard Motor Products's 3-Year Dividend Growth Rate falls into.



Standard Motor Products 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Standard Motor Products  (NYSE:SMP) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Standard Motor Products's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.29/ 0.403
=0.72

During the past 13 years, the highest Dividend Payout Ratio of Standard Motor Products was 0.39. The lowest was 0.14. And the median was 0.29.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Standard Motor Products Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2902024-02-142024-02-152024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-11-142023-11-152023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-08-142023-08-152023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-05-122023-05-152023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Standard Motor Products's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.16/32.50
=3.57 %

Current Share Price is $32.50.
Standard Motor Products's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.16.

During the past 13 years, the highest Dividend Yield of Standard Motor Products was 3.81%. The lowest was 0.93%. And the median was 1.63%.

Good Sign:

Standard Motor Products Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Standard Motor Products 3-Year Dividend Growth Rate Related Terms>


Standard Motor Products (Standard Motor Products) Business Description

Traded in Other Exchanges
Address
37-18 Northern Boulevard, Long Island City, NY, USA, 11101
Standard Motor Products Inc is a manufacturer and distributor of premium automotive parts used in the maintenance, service, and repair of vehicles in the automotive aftermarket industry. It operates into three business segments namely Engineered Solutions, Vehicle Control, and Temperature Control. The company focuses on the original equipment and original equipment services markets, with a product lineup of replacement parts for engine management ignition, emission, and fuel systems, as well as temperature-control products. The company operates majorly in the United States, with additional sales in Canada, Europe, Asia, Mexico, and other Latin American countries.
Executives
Nathan R. Iles officer: Chief Financial Officer C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Eric Sills director, officer: CEO & President 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Ray Nicholas officer: CIO & VP IT 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Dale Burks officer: Chief Commercial Officer & EVP 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Carmine Joseph Broccole officer: CLO & Secretary 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
James J Burke director, officer: Chief Operating Officer 37 18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Kristine M. Frost officer: CHRO C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Alisa C. Norris director C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Pamela Puryear director 253 DOLPHIN COVE QUAY, STAMFORD CT 06902
Alejandro C. Capparelli director C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Joseph W. Mcdonnell director C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Pamela Forbes Lieberman director 3400 N.WOLF ROAD, FRANKLIN PARK IL 60131
Patrick Mcclymont director 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Thomas Tesoro officer: VP Human Resources 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Peter J Sills director