ATLANTA, Oct. 25,
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 December 11, 2023 to common stockholders of
record at the close of business on November
10, 2023.
Marine Products Corporation is a leading manufacturer of
high-quality fiberglass boats under the brand names Chaparral and
Robalo. Chaparral's sterndrive models include SSi Sportboats
and SSX Luxury Sportboats, and the SURF Series. Chaparral's
outboard offerings include OSX Luxury Sportboats and the SSi
Outboard Bowriders. Robalo builds an array of outboard sport
fishing models, which include Center Consoles, Dual Consoles and
Cayman Bay Boats. The Company continues to diversify its product
lines through product innovation. With these 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