Marine Products Corporation Announces Regular Quarterly Cash Dividend
ATLANTA, April 25, 2012 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.02 per share payable June 8, 2012 to common stockholders of record at the close of business on May 10, 2012.
Marine Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive and inboard pleasure boats; Premiere Sport Yachts; and Robalo sport fishing boats, continues to diversify its product line through product innovation and is prepared to consider strategic acquisition targets. With premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and to generate superior financial performance to build long-term shareholder value. For more information on Marine Products Corporation visit our Web site at www.marineproductscorp.com.
For information contact: |
BEN M. PALMER |
Chief Financial Officer |
(404) 321-7910 |
JIM LANDERS |
Vice President, Corporate Finance |
(404) 321-2162 |
SOURCE Marine Products Corporation
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