Marine Products (MPX) Declares $0.04 Special Dividend; 0.6% Yield

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Marine Products Corporation Announces Regular Quarterly and Special Year-End Cash Dividends

October 28, 2015 6:55 AM EDT

ATLANTA, Oct. 28, 2015 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share. In addition, the Board declared a special year-end dividend of $0.04 per common share.  Both dividends will be paid December 10, 2015 to shareholders of record at... More

Marine Products Corporation Reports Third Quarter 2015 Financial Results

October 28, 2015 6:55 AM EDT

ATLANTA, Oct. 28, 2015 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended September 30, 2015.  Marine Products is a leading manufacturer of fiberglass boats under two brand names: Chaparral and Robalo. Chaparral builds sterndrive, jet drive and outboard pleasure boats, including H2O Sport and Fish & Ski Boats, SSi and SSX Sportboats, Sunesta Sportdecks, Signature Cruisers, SunCoast Sportdeck outboards and Vortex Jet Boats.  Robalo builds outboard sport fishing boats which include center console, dual console, walkaround cabin and Cayman bay boat models.

For the quarter ended September 30, 2015, Marine Products... More