Marine Products Corp (MPX) will pay a special dividend of $0.05 per share in the fourth quarter of 2017. The regular quarterly dividend is $0.07 per share.
The special dividend is payable December 11, 2017 to common stockholders of record at the close of business on November 10, 2017 together with the regular quarterly dividend.
Marine Products Corporation designs, manufactures and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, jet boat and sport fishing markets. The company's products include the premium-branded Chaparral sterndrive, jet drive and outboard pleasure boats, and Robalo outboard sport fishing boats.