Marine Products (NYSE: MPX) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 50% increase from the prior dividend of $0.04.

The dividend will be payable on March 10, 2016, to stockholders of record on February 10, 2016, with an ex-dividend date of February 8, 2016.

The annual yield on the dividend is 4.2 percent.

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