DIVIDEND ANNOUNCEMENT: Marine Products Corp (NYSE:MPX) on 01/29/2020 declared a dividend of $0.1200 per share

Marine Products Corp (NYSE:MPX) on 01/29/2020 declared a dividend of $ 0.1200 per share payable on March 10, 2020 to shareholders of record as of February 10, 2020. Dividend amount recorded is an increase of $ 0.02 from last dividend Paid.

Marine Products Corp (NYSE:MPX) has paid dividends since 2001, has a current dividend yield of 3.2000000477% and has increased its dividends for 4 successive years.

Marine Products Corp's market cap is $ 509,415,000 and has a PE ratio of 17.44. The stock price closed yesterday at $ 15.00 and has a 52 week low/high of $ 12.48 and $ 18.43.

Marine Products manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. Co. designs, manufactures and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, jet boat and sport fishing markets. Co. manufactures Chaparral sterndrive pleasure boats including H2O Sport and Fish & Ski boats, SSi and SSX Sportboats, Sunesta Sportdecks, and Signature Cruisers, as well as SunCoast Sportdeck outboards, Vortex jet boats and the Surf Series. Co. also manufactures Robalo outboard fishing boats.

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