{"id":483007,"date":"2021-04-28T06:48:25","date_gmt":"2021-04-28T10:48:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marine-products-corporation-announces-20-percent-increase-in-regular-quarterly-cash-dividend\/"},"modified":"2021-04-28T06:48:25","modified_gmt":"2021-04-28T10:48:25","slug":"marine-products-corporation-announces-20-percent-increase-in-regular-quarterly-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marine-products-corporation-announces-20-percent-increase-in-regular-quarterly-cash-dividend\/","title":{"rendered":"Marine Products Corporation Announces 20 Percent Increase in Regular Quarterly Cash Dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ATLANTA<\/span>, <span class=\"xn-chron\">April 28, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a 20 percent increase to the regular quarterly cash dividend from <span class=\"xn-money\">$0.10<\/span> per share to <span class=\"xn-money\">$0.12<\/span> per share payable <span class=\"xn-chron\">June 10, 2021<\/span> to common stockholders of record at the close of business on <span class=\"xn-chron\">May 10<\/span>, 2021.\u00a0 <\/p>\n<div id=\"prni_dvprnejpg4cf8left\" dir=\"ltr\">\n        <img decoding=\"async\" id=\"prnejpg4cf8left\" title=\"Marine_Products_Corporation_Logo\" border=\"0\" alt=\"Marine_Products_Corporation_Logo\" align=\"middle\" src=\"https:\/\/mma.prnewswire.com\/media\/661612\/Marine_Products_Corporation_Logo.jpg?p=thumbnail\" \/>\n      <\/div>\n<p>Marine Products Corporation (NYSE: MPX) is a leading manufacturer of fiberglass boats under three brand names: Chaparral, Robalo and Vortex. Chaparral&#8217;s sterndrive models include SSi and SSX, along with the Chaparral Surf Series.\u00a0 Chaparral&#8217;s outboard offerings include various models, such as OSX Luxury Sportboats, the 257 SSX, and SunCoast Sportdecks. Robalo builds an array of outboard sport fishing boats, which include center consoles, dual consoles and Cayman Bay Boat models. Chaparral also offers jet powered boats under the Vortex brand name.\u00a0 The Company continues to diversify its product lines through product innovation.\u00a0 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.\u00a0 For more information on Marine Products Corporation visit our website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3142621-1&amp;h=740906646&amp;u=http%3A%2F%2Fwww.marineproductscorp.com%2F&amp;a=MarineProductsCorp.com\" rel=\"nofollow noopener\">MarineProductsCorp.com<\/a>.<\/p>\n<p>For information contact:<\/p>\n<p>BEN\u00a0M. PALMER<br \/>Chief Financial Officer<br \/>(404) 321-7910<br \/><a target=\"_blank\" href=\"mailto:irdept@marineproductscorp.com\" rel=\"nofollow noopener\">irdept@marineproductscorp.com<\/a>\u00a0<\/p>\n<p>\n        <span class=\"xn-person\">JIM LANDERS<\/span><br \/>\n        <br \/>Vice President Corporate Services<br \/>(404) 321-2162<br \/><a target=\"_blank\" href=\"mailto:jlanders@marineproductscorp.com\" rel=\"nofollow noopener\">jlanders@marineproductscorp.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL56468&amp;sd=2021-04-28\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/marine-products-corporation-announces-20-percent-increase-in-regular-quarterly-cash-dividend-301278459.html\">http:\/\/www.prnewswire.com\/news-releases\/marine-products-corporation-announces-20-percent-increase-in-regular-quarterly-cash-dividend-301278459.html<\/a><\/p>\n<p>SOURCE  Marine Products Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL56468&amp;Transmission_Id=202104280645PR_NEWS_USPR_____CL56468&amp;DateId=20210428\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ATLANTA, April 28, 2021 \/PRNewswire\/ &#8212;\u00a0Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a 20 percent increase to the regular quarterly cash dividend from $0.10 per share to $0.12 per share payable June 10, 2021 to common stockholders of record at the close of business on May 10, 2021.\u00a0 Marine Products Corporation (NYSE: MPX) is a leading manufacturer of fiberglass boats under three brand names: Chaparral, Robalo and Vortex. Chaparral&#8217;s sterndrive models include SSi and SSX, along with the Chaparral Surf Series.\u00a0 Chaparral&#8217;s outboard offerings include various models, such as OSX Luxury Sportboats, the 257 SSX, and SunCoast Sportdecks. Robalo builds an array of outboard sport fishing boats, which include center consoles, dual &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marine-products-corporation-announces-20-percent-increase-in-regular-quarterly-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Marine Products Corporation Announces 20 Percent Increase in Regular Quarterly Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-483007","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marine Products Corporation Announces 20 Percent Increase in Regular Quarterly Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marine-products-corporation-announces-20-percent-increase-in-regular-quarterly-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marine Products Corporation Announces 20 Percent Increase in Regular Quarterly Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ATLANTA, April 28, 2021 \/PRNewswire\/ &#8212;\u00a0Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a 20 percent increase to the regular quarterly cash dividend from $0.10 per share to $0.12 per share payable June 10, 2021 to common stockholders of record at the close of business on May 10, 2021.\u00a0 Marine Products Corporation (NYSE: MPX) is a leading manufacturer of fiberglass boats under three brand names: Chaparral, Robalo and Vortex. Chaparral&#8217;s sterndrive models include SSi and SSX, along with the Chaparral Surf Series.\u00a0 Chaparral&#8217;s outboard offerings include various models, such as OSX Luxury Sportboats, the 257 SSX, and SunCoast Sportdecks. 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