Marine Products Corporation announced on April 28 that its Board of Directors has declared a regular quarterly cash dividend of $0.14 per share. The dividend will be payable on May 14 to common stockholders who are recorded as of the close of business on May 8.
This announcement is relevant to investors and stakeholders who follow Marine Products Corporation and its financial performance, as dividends can reflect a company’s profitability and shareholder return policy.
Marine Products Corporation manufactures fiberglass boats under the Chaparral and Robalo brand names. The company produces a range of models including SSi Sportboats, SSX Luxury Sportboats, GTS SURF Series, OSX Luxury Sportboats, SSi Outboard Bowriders, Center Consoles, Dual Consoles, and Cayman Bay Boats.
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For further information about Marine Products Corporation or this event, contacts listed include Joshua Large (Vice President, Corporate Finance and Investor Relations) at (404) 321-2152 or Michael L. Schmit (Chief Financial Officer) at (404) 321-7910.
