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NEW YORK - Standard Motor Products, Inc. (NYSE: NYSE:SMP), a veteran in the automotive aftermarket industry with a market capitalization of $668 million and a robust dividend yield of 4.04%, has launched a redesigned corporate website aimed at providing improved user experience and accessibility. According to InvestingPro analysis, the company maintains strong liquidity with a current ratio of 2.25, indicating solid financial health. The company, in collaboration with Scandia, a prominent digital and web development agency, has engineered the new website to allow for quick information retrieval and is optimized for various devices including desktops, tablets, and mobile phones.
The revamped SMPcorp.com includes an array of features such as a super dashboard on the homepage that presents the company’s latest news and stock information. This transparency aligns with SMP’s track record of maintaining dividend payments for 16 consecutive years, as highlighted by InvestingPro’s analysis, which offers additional insights through its comprehensive Pro Research Report, available for over 1,400 US stocks. Users are guided through the site with a Homepage User Guide, offering six tracks to essential information such as financial performance, company background, product details, and corporate resources. Each track is designed with interactive elements and unique URLs for easy bookmarking and sharing.
In addition to the user-friendly navigation, the site boasts a powerful accessibility tool that enables customization of the web experience across the website. The Corporate Overview panel on the homepage gives a snapshot of SMP’s story, its sustainability efforts, its business segments, and brands. The website also houses sections for Reports & Financial Documents, and Helpful Resources, providing quick access to investor presentations, annual reports, proxy statements, and more.
The Investors menu on the site is particularly interactive, featuring a stock ticker, quick links to investor considerations, FAQs, and financial presentations filtered by year. A comprehensive search function is available, and the Contact Us page has been designed to streamline communication with the right contacts within the company.
SMP’s new website also includes a Leadership section introducing the Executive Officers and Board of Directors, a Facilities module for locating company locations, a Financial Information page consolidating financial documents, and a Brand page with a carousel telling the story of each brand. An automated History Timeline allows users to explore SMP’s century-long history interactively.
Jack Ramsey, Senior Vice President of Sales and Marketing at SMP, expressed his satisfaction with the collaborative effort, stating, "Our new corporate website is the result of the hard work, creativity, and insight of the SMP and Scandia teams. Every aspect of the site is designed to help users find the info they need—FAST. We’re delighted to share the finished product with our stakeholders." InvestingPro’s analysis suggests the stock is currently undervalued, with a Financial Health score rated as FAIR, supported by strong fundamentals and consistent profitability.
The website’s launch is part of SMP’s ongoing commitment to providing quality service and information to its stakeholders. This information is based on a press release statement. For a firsthand experience of the new features, users can visit SMPcorp.com.
In other recent news, Standard Motor Products announced an increase in its quarterly dividend from twenty-nine cents to thirty-one cents. This move represents a positive shift in shareholder returns, reflecting the company’s financial health and commitment to its investors. The enhanced dividend is set for distribution in March 2025, with shareholders on record as of mid-February 2025 eligible for the payment.
In another development, Standard Motor Products unveiled 2,367 new part numbers in 2024. This expansion includes parts for a variety of vehicle systems and spans across late-model import and domestic vehicles, including advanced internal combustion engines, hybrids, and electric vehicles. The company’s dedication to these technologies is highlighted by the introduction of several new products, such as Direct Injection High-Pressure Fuel Pumps, Fuel Pump Kits, and Gasoline Direct Injection Fuel Injectors.
These are the latest developments for Standard Motor Products, reflecting its ongoing performance and strategic direction. It’s important to note that while these developments are significant, they are just one aspect of the company’s overall financial health and future prospects. The company’s future financial performance will be closely watched by investors.
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