STANDARD MOTOR PRODUCTS, INC. ANNOUNCES
FOURTH
QUARTER 2003 DIVIDEND
New York, NY, January 12, 2004……Standard Motor Products, Inc. (NYSE:SMP), an automotive replacement parts manufacturer and distributor, Board of Directors has approved payment of a quarterly dividend of nine cents per share on the common stock outstanding. The dividend will be paid on March 1, 2004 to stockholders of record on February 13, 2004.
Under the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995, Standard
Motor Products cautions investors that any forward-looking statements made by
the company, including those that may be made in this press release, are based
on management's expectations at the time they are made, but they are subject to
risks and uncertainties that may cause actual results, events or performance to
differ materially from those contemplated by such forward looking statements.
Among the factors that could cause actual results, events or performance to
differ materially from those risks and uncertainties discussed in this press
release, including, without limitation, those related to estimates of
asbestos-related contingent liabilities,
and detailed from time-to-time in prior press releases and in the
company's filings with the Securities and Exchange Commission, including the
company's annual report on Form 10-K and quarterly reports on Form 10-Q. By making these forward looking statements,
Standard Motor Products undertakes no obligation or intention to update these statements
after the date of this release.
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