Marine Products Corporation Announces Regular Quarterly Cash Dividend

News provided by

Jan 29, 2020, 06:45 ET

ATLANTA, Jan. 29, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.12 per share payable March 10, 2020 to common stockholders of record at the close of business on February 10, 2020.

Marine Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive and outboard pleasure boats, Vortex jet drive boats, and Robalo outboard sport fishing boats. The Company continues to diversify its product lines through product innovation. 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 website at www.marineproductscorp.com.

For information contact:

BEN M. PALMER
Chief Financial Officer
(404) 321-7910
[email protected]

JIM LANDERS
Vice President, Corporate Finance
(404) 321-2162
[email protected]

SOURCE Marine Products Corporation