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MPX Marine Products dividend history, payout ratio & dates

Marine Products's most recent quarterly dividend was on Aug 9, 2022 (ex-date) with a cash dividend payment of $0.12 per share. On an annualized basis, the company has a current payout of $0.48 per share. This brings the dividend yield to 5.67% based on its recent close price.

Key dates

  • MPX last dividend date: Aug 9, 2022
  • MPX next dividend date: Not announced
MPX dividend stats
DPS
$0.48
Dividend yield
6%
Payout ratio
51.1%
vs. Consumer Cyclical sector
Dividend yield
2.82%
Payout ratio
29.5%

Dividend yield

What is Marine Products current dividend yield

MPX has a dividend yield of 5.67% which is above the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 2.82%, Marine Products's dividend yield is 101% higher. Historically MPX's dividend yield has averaged at 2.9% in the last 5 years, which is below the current yield.

Dividend history

What is MPX dividend payout history and dates

Marine Products has a long history of dividend payments, including the last ten consecutive years with dividend payouts. MPX has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 14% for the last twelve months. And since the stock price has gone down by 33% from a year ago, the dividend yield has increased by 70%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 9, 2022 Sep 9, 2022 Jul 27, 2022 $0.12 normal
May 9, 2022 Jun 10, 2022 Apr 27, 2022 $0.12 normal
Feb 9, 2022 Mar 10, 2022 Jan 26, 2022 $0.12 normal
Nov 9, 2021 Dec 10, 2021 Oct 27, 2021 $0.12 normal
Aug 9, 2021 Sep 10, 2021 $0.12 normal
May 7, 2021 Jun 10, 2021 Apr 28, 2021 $0.12 normal
Feb 9, 2021 Mar 10, 2021 Jan 27, 2021 $0.1 normal
Nov 9, 2020 Dec 10, 2020 Oct 28, 2020 $0.04 special
Nov 9, 2020 Dec 10, 2020 Oct 28, 2020 $0.08 normal
Aug 7, 2020 Sep 10, 2020 Jul 29, 2020 $0.08 normal
May 8, 2020 Jun 10, 2020 Apr 29, 2020 $0.08 normal
Feb 7, 2020 Mar 10, 2020 Jan 29, 2020 $0.12 normal
Nov 7, 2019 Dec 10, 2019 Oct 23, 2019 $0.1 special
Nov 7, 2019 Dec 10, 2019 Oct 23, 2019 $0.12 normal
Aug 8, 2019 Sep 10, 2019 Jul 24, 2019 $0.12 normal
May 9, 2019 Jun 10, 2019 Apr 24, 2019 $0.12 normal
Feb 8, 2019 Mar 11, 2019 Jan 23, 2019 $0.12 normal
Nov 8, 2018 Dec 10, 2018 Oct 24, 2018 $0.1 normal
Nov 8, 2018 Dec 10, 2018 Oct 24, 2018 $0.1 special
Aug 9, 2018 Sep 10, 2018 Jul 25, 2018 $0.1 normal
May 9, 2018 Jun 11, 2018 Apr 25, 2018 $0.1 normal
Feb 8, 2018 Mar 9, 2018 Jan 24, 2018 $0.1 normal
Nov 9, 2017 Dec 11, 2017 Oct 25, 2017 $0.05 special
Nov 9, 2017 Dec 11, 2017 Oct 25, 2017 $0.07 normal
Aug 8, 2017 Sep 11, 2017 Jul 26, 2017 $0.07 normal
May 8, 2017 Jun 9, 2017 Apr 26, 2017 $0.07 normal
Feb 8, 2017 Mar 10, 2017 Jan 25, 2017 $0.07 normal
Nov 8, 2016 Dec 9, 2016 Oct 25, 2016 $0.06 normal
Aug 8, 2016 Sep 9, 2016 Jul 27, 2016 $0.06 normal

Marine Products dividend payout ratio

What is Marine Products dividend payout ratio compared to the sector

Payout ratio

MPX has a payout ratio of 51.1% which is higher than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 29.5%, Marine Products's payout ratio is 73% higher.

Total amount of dividends paid per financial year (from cash flow)

Frequently asked questions

Does Marine Products pay a dividend?

Yes, Marine Products has paid four dividends in the last twelve months. MPX has been paying dividends since 2012.

When is Marine Products's next dividend?

At this point we don't have a record of MPX's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.

When was MPX's last dividend?

Marine Products's last dividend ex-date was on Aug 9, 2022. The dividend amount was $0.12 per share.

How much dividend does Marine Products pay (per share)?

MPX has paid dividend of $0.48 per share in the last year.

What is Marine Products's dividend yield?

Marine Products's current dividend yield is 5.67%.

How often does Marine Products pay dividends?

Marine Products pays dividends quarterly.

What is Marine Products's dividend payout ratio?

Marine Products's dividend payout ratio is 51.1%.

Does Marine Products pay a good dividend?

Marine Products's dividend yield is above the Consumer Cyclical sector average.