DIVIDEND ANNOUNCEMENT: Marine Products Corp (NYSE:MPX) on 01/25/2023 declared a dividend of $0.1400 per share

Marine Products Corp (NYSE:MPX) on 01/25/2023 declared a dividend of $ 0.1400 per share payable on March 10, 2023 to shareholders of record as of February 10, 2023.

Marine Products Corp (NYSE:MPX) has paid dividends since 2001, has a current dividend yield of 4.2328042984% and has increased its dividends for 2 successive years.

Marine Products Corp's market cap is $ 452,704,140 and has a PE ratio of 12.25. The stock price closed yesterday at $ 13.23 and has a 52 week low/high of $ 7.75 and $ 13.98.

Marine Products manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. Co.'s product offerings include its subsidiary, Chaparral Boats, Inc.'s (Chaparral's) sterndrive and outboard pleasure boats and its another subsidiary, Robalo Boats, LLC's (Robalo's) outboard sport fishing boats. The Chaparral product line includes SSi Sport Boats, which are fiberglass sterndrive and outboard-powered, larger sport boats for larger groups. The Robalo product line includes Center Consoles, which are fiberglass outboard sport fishing boats for large freshwater lakes or saltwater use.

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