ATLANTA, July 26,
2023 /PRNewswire/ -- Marine Products Corporation
(NYSE: MPX) announced today that its Board of Directors declared a
regular quarterly cash dividend of $0.14 per share payable September 11, 2023 to common stockholders of
record at the close of business on August
10, 2023.
Marine Products Corporation is a leading manufacturer of
fiberglass boats under the brand names Chaparral and Robalo.
Chaparral's sterndrive models include SSi and SSX, and the
Chaparral Surf Series. Chaparral's outboard offerings include
OSX Luxury Sportboats and SSi outboard models. Robalo builds an
array of outboard sport fishing boats, which include center
consoles, dual consoles and Cayman Bay Boat models. 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 generate superior financial performance to
build long-term shareholder value. For more information on
Marine Products Corporation visit our website at
MarineProductsCorp.com.
For information contact:
Michael L. Schmit
Chief Financial Officer
(404) 321-7910
irdept@marineproductscorp.com
Jim Landers
Vice President Corporate Services
(404) 321-2162
jlanders@marineproductscorp.com
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SOURCE Marine Products Corporation