Marine Products Corp. (MPX) Raises Quarterly Dividend 50% to $0.03; 1.9% Yield

Marine Products Corp. (NYSE: MPX) declared a quarterly dividend of $0.03 per share, or $0.12 annualized. This is a 50% increase from the prior dividend of $0.02.

The dividend will be payable on March 8, 2013, to stockholders of record on February 8, 2013, with an ex-dividend date of February 6, 2013.

The annual yield on the dividend is 1.9 percent.

For a dividend history and other dividend-related data on Marine Products Corp. (MPX) click here.

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