Marine Products Corporation Announces Regular Quarterly Cash Dividend

Jan 29, 2014, 07:15 ET from Marine Products Corporation

ATLANTA, Jan. 29, 2014 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.03 per share payable March 10, 2014 to common stockholders of record at the close of business on February 10, 2014. 

Marine Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive pleasure boats; Premiere Sport Yachts; and Robalo sport fishing boats, continues to diversify its product line through product innovation and is prepared to consider strategic acquisition targets.  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.  For more information on Marine Products Corporation visit our website at www.marineproductscorp.com.

For information contact:

BEN M. PALMER Chief Financial Officer (404) 321-7910 irdept@marineproductscorp.com

JIM LANDERS Vice President, Corporate Finance (404) 321-2162 jlanders@marineproductscorp.com

SOURCE Marine Products Corporation



RELATED LINKS

http://www.marineproductscorp.com