Marine Products Corporation Announces Regular Quarterly Cash Dividend
Posted: October 27, 2021 at 4:45 am MDT|Update: 19 minutes ago
ATLANTA, October 27, 2021 / PRNewswire / – Marine Products Corporation (NYSE: MPX) today announced that its board of directors has declared a regular quarterly cash dividend of $ 0.12 per payable share December 10, 2021 to ordinary shareholders of record at the close of business on November 10, 2021.
Marine Products Corporation (NYSE: MPX) is a leading manufacturer of fiberglass boats under the Chaparral and Robalo brands. Chaparral sterndrive models include SSi and SSX, as well as the Chaparral Surf Series. Chaparral’s outboard offerings include various models, such as OSX luxury sport boats, 267 SSX OB and SSi outboard models. Robalo builds a line of outboard sport fishing boats, which include center consoles, dual consoles and Cayman Bay boat models. The Company continues to diversify its product lines through product innovation. With premium brands, a strong capital structure and a strong network of independent dealers, Marine Products Corporation is poised to capitalize on opportunities to increase market share and generate superior financial performance to create shareholder value at long term. For more information on Marine Products Corporation, visit our website at MarineProductsCorp.com.
For information contact:
BEN M. PALMER
Vice-President Corporate Services
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SOURCE Marine Products Corporation
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