After the success of 1950's "Father of the Bride," M-G-M produced this sequel the following year. This time around Stanley Banks (Spencer Tracy) learns that his daughter Kay (Elizabeth Taylor) and son-in-law Buckley Dunstan (Don Taylor) are going to have a baby. Father, of course, is no more thrilled with the idea of being a grandfather than he was about Kay getting married in the first place, and even when the baby arrives and insists on crying every time he is in Stanley's arms, his worst fears seem to be confirmed.
Joan Bennett as his wife Elllie, along with Billie Burke and Moroni Olsen as the other soon-to-be grandparents, all do their best to help poor Stanley through this latest trauma, but Tracy's best moments are when he his daughter comes over to see "Pops" (Taylor called Tracy "Pops" the rest of his life and treated him like a real father figure). "Father's Little Dividend" is a cute film, but certainly not as charming as the original, mainly because it is taking the same approach, albeit with a slightly different topic. Even Tracy’s performance really comes across as being a little less of the same as the original.
This 1951 film was also directed by Vincent Minnelli and Frances Goodrich & Albert Hackett once again did the screenplay using the characters first created in Edward Streeter's novel. "Father's Little Dividend" was remade, in a round about way, in the recent Steve Martin vehicle "Father of the Bride II," which puts some twists on the story that offer some further complications.