Key Developments: Standard Motor Products Inc (SMP)

SMP on New York Consolidated

42.54USD
22 Jul 2014
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$0.82 (+1.97%)
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Latest Key Developments (Source: Significant Developments)

Standard Motor Products Inc approved payment of quarterly dividend
Thursday, 1 May 2014 08:30am EDT 

Standard Motor Products Inc:Approved payment of quarterly dividend of thirteen cents per share on common stock outstanding.Dividend will be paid on June 2.Record date on May 15.  Full Article

Standard Motor Products forms joint venture with Gwo Yng Enterprise and acquires Annex Manufacturing
Monday, 21 Apr 2014 04:05pm EDT 

Standard Motor Products Inc:Says it has formed joint venture with Gwo Yng Enterprise Co., Ltd., a China-based manufacturer of air conditioning accumulators, filter driers, hose assemblies, and switches for the automotive aftermarket and the OEM/OES markets.Standard Motor Products will invest $14 million in the 50/50 joint venture.Says acquisition of assets of Annex Manufacturing, a privately-held company, for about $11.5 million. Annex, located in Fort Worth, Texas, distributes a variety of temperature control products for the automotive aftermarket.  Full Article

Standard Motor Products Inc announces new stock repurchase program
Monday, 24 Feb 2014 08:30am EST 

Standard Motor Products Inc:Board has authorized the purchase of up to an additional $10 mln of its common stock under a stock repurchase program.Says it intends to fund the stock repurchase program through its revolving credit facility.  Full Article

Standard Motor Products Inc announces increase in quarterly dividend
Monday, 3 Feb 2014 08:30am EST 

Standard Motor Products Inc:Says its Board of Directors has approved an increase in its quarterly common stock dividend from $0.11 per share to $0.13 per share, payable on Mar. 3, 2014 to stockholders of record on Feb. 18, 2014.  Full Article

Standard Motor Products Inc acquires remanufacturing operations of Pensacola Fuel Injection
Monday, 6 Jan 2014 11:42am EST 

Standard Motor Products Inc:Says it has acquired the assets of Pensacola Fuel Injection, a privately-held company, for about $12.2 million.Says the company, located in Pensacola, Florida, remanufactures and distributes a wide range of diesel injectors, diesel pumps and turbo chargers.Says the current owners will retain the retail segment of this business.  Full Article

Standard Motor Products Inc Declares Quarterly Dividend
Thursday, 31 Oct 2013 08:30am EDT 

Standard Motor Products Inc announced that the Board of Directors has approved payment of a quarterly dividend of $0.11 per share on the common stock outstanding. The dividend will be paid on December 2, 2013 to stockholders of record on November 15, 2013.  Full Article

Standard Motor Products Inc Declares Quarterly Dividend
Wednesday, 7 Aug 2013 08:30am EDT 

Standard Motor Products Inc announced that the Board of Directors has approved payment of a quarterly dividend of $0.11 per share on the common stock outstanding. The dividend will be paid on September 3, 2013 to stockholders of record on August 19, 2013.  Full Article

Standard Motor Products Inc Declares Quarterly Dividend
Friday, 3 May 2013 08:30am EDT 

Standard Motor Products Inc announced that the Board of Directors has approved payment of a quarterly dividend of $0.11 per share on the common stock outstanding. The dividend will be paid on June 3, 2013 to stockholders of record on May 15, 2013.  Full Article

Standard Motor Products Inc Announces Increase In Quarterly Dividend
Wednesday, 30 Jan 2013 08:30am EST 

Standard Motor Products Inc announced that its Board of Directors has approved an increase in its quarterly common stock dividend from $0.09 per share to $0.11 per share, payable on March 1, 2013 to stockholders of record on February 15, 2013.  Full Article

Standard Motor Products Inc Declares Quarterly Dividend
Tuesday, 30 Oct 2012 08:30am EDT 

Standard Motor Products Inc announced that the Board of Directors has approved payment of a quarterly dividend of $0.09 per share on the common stock outstanding. The dividend will be paid on December 3, 2012 to stockholders of record on November 15, 2012  Full Article

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