Marine Products Co. (NYSE:MPX – Get Free Report) announced a quarterly dividend on Thursday, April 25th, Zacks reports. Shareholders of record on Friday, May 10th will be paid a dividend of 0.14 per share on Monday, June 10th. This represents a $0.56 dividend on an annualized basis and a yield of 4.62%. The ex-dividend date is Thursday, May 9th.
Marine Products has increased its dividend payment by an average of 15.9% annually over the last three years.
Marine Products Trading Up 2.9 %
MPX stock opened at $12.12 on Wednesday. The firm has a market cap of $420.32 million, a PE ratio of 12.00 and a beta of 1.26. The stock has a 50-day moving average price of $11.08 and a 200-day moving average price of $10.78. Marine Products has a 1-year low of $9.18 and a 1-year high of $17.81.
Marine Products Company Profile
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats and SSi outboard models; and Robalo outboard sport fishing boats.
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