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Stock impact report

Read This Before Considering Standard Motor Products, Inc. (NYSE:SMP) For Its Upcoming US$0.31 Dividend [Yahoo! Finance]

Standard Motor Products, Inc. (SMP) 
Last standard motor products, inc. earnings: 4/29 08:30 am Check Earnings Report
US:NYSE Investor Relations: smpcorp.com/en
Company Research Source: Yahoo! Finance
The ex-dividend date occurs one day before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important as the process of settlement involves a full business day. So if you miss that date, you would not show up on the company's books on the record date. Accordingly, Standard Motor Products investors that purchase the stock on or after the 14th of November will not receive the dividend, which will be paid on the 1st of December. The company's next dividend payment will be US$0.31 per share, and in the last 12 months, the company paid a total of US$1.24 per share. Calculating the last year's worth of payments shows that Standard Motor Products has a trailing yield of 3.2% on the current share price of US$38.25. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. As a result, readers should always check wh Show less Read more
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