Marine Products hikes dividend by 16.7% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Marine Products Corp	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Marine Products Corp	MPX	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

Marine Products hikes dividend by 16.7%

Wednesday 25 January 2017

Marine Products Corp (MPX) will raise its quarterly dividend from $0.06 to $0.07 per share. The increased dividend will be payable March 10, 2017 to common stockholders of record at the close of business on February 10, 2017.

Marine Products Corporation designs, manufactures and sells recreational fiberglass powerboats in the sportboat, sport fishing and jet boat markets. Its products include Chaparral sterndrive, outboard and jet pleasure boats and Robalo outboard sport fishing boats. The company sells its products to a network of domestic and international dealers. Marine Products was incorporated on August 31, 2000, in connection with a spin-off from RPC, Inc. The company restarted its dividend in 2012.

Marine Products Corp

Consumer Discretionary

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