MPX Marine Products dividend history, payout ratio & dates
Marine Products's most recent dividend was on Nov 8, 2024 (ex-date) with a cash dividend payment of $0.14 per share. On an annualized basis, the company has a current payout of $1.26 per share. This brings the dividend yield to 12.8% based on its recent close price.
Key dates
- MPX last dividend date: Nov 8, 2024
MPX dividend stats
vs. Consumer Cyclical sector
Dividend yield
MPX has a dividend yield of 12.8% which is above the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 2.53%, Marine Products's dividend yield is 406% higher. Historically MPX's dividend yield has averaged at 5.1% in the last 5 years, which is below the current yield.
Dividend history
Marine Products has a long history of dividend payments, including the last 12 consecutive years with dividend payouts. MPX has distributed four dividends in the past year. The annualized dividend per share has increased by 125% for the last twelve months. And since the stock price has gone up by 0.8% from a year ago, the dividend yield has increased by 123%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 8, 2024 | $0.14 | 12.71% |
| Aug 9, 2024 | $0.14 | 13.59% |
| May 9, 2024 | $0.84 | 12.07% |
| Feb 8, 2024 | $0.14 | 5.34% |
| Nov 9, 2023 | $0.14 | 6.01% |
| Aug 9, 2023 | $0.14 | 3.44% |
| May 9, 2023 | $0.14 | 3.7% |
| Feb 9, 2023 | $0.14 | 3.83% |
| Nov 9, 2022 | $0.14 | 4.59% |
| Aug 9, 2022 | $0.12 | 4.29% |
| May 9, 2022 | $0.12 | 4.29% |
| Feb 9, 2022 | $0.12 | 3.89% |
| Nov 9, 2021 | $0.12 | 3.57% |
| Aug 9, 2021 | $0.12 | 2.72% |
| May 7, 2021 | $0.12 | 2.27% |
| Feb 9, 2021 | $0.1 | 1.85% |
| Nov 9, 2020 | $0.08 | 2.27% |
| Aug 7, 2020 | $0.08 | 2.74% |
| May 8, 2020 | $0.08 | 4.53% |
| Feb 7, 2020 | $0.12 | 3.37% |
| Nov 7, 2019 | $0.12 | 3.39% |
| Aug 8, 2019 | $0.12 | 3.09% |
| May 9, 2019 | $0.12 | 2.91% |
| Feb 8, 2019 | $0.12 | 3.06% |
| Nov 8, 2018 | $0.1 | 1.8% |
| Aug 9, 2018 | $0.1 | 1.83% |
| May 9, 2018 | $0.1 | 2.03% |
| Feb 8, 2018 | $0.1 | 2.05% |
| Nov 9, 2017 | $0.05 | 1.85% |
| Aug 8, 2017 | $0.07 | 1.79% |
| May 8, 2017 | $0.07 | 2.01% |
| Feb 8, 2017 | $0.07 | 2.33% |
| Nov 8, 2016 | $0.06 | 2.54% |
| Aug 8, 2016 | $0.06 | 2.48% |
| May 6, 2016 | $0.06 | 2.58% |
| Feb 8, 2016 | $0.06 | 2.46% |
| Nov 6, 2015 | $0.04 | 2.21% |
| Aug 6, 2015 | $0.04 | 2.46% |
| May 7, 2015 | $0.04 | 2.26% |
| Feb 6, 2015 | $0.04 | 1.79% |
Marine Products dividend payout ratio
Payout ratio
MPX has a payout ratio of 237.7% which is higher than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 43.3%, Marine Products's payout ratio is 449% higher.
Total amount of dividends paid per financial year (from cash flow)
MPX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MPX Marine Products Corp | 12.8% | $1.26 | 237.7% |
| BC Brunswick Corp | 2.07% | $1.68 | 41.5% |
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 was MPX's last dividend?
Marine Products's last dividend ex-date was on Nov 8, 2024. The dividend amount was $0.14 per share.
How much dividend does Marine Products pay (per share)?
MPX has paid dividend of $1.26 per share in the last year.
What is Marine Products's dividend yield?
Marine Products's current dividend yield is 12.8%.
What is Marine Products's dividend payout ratio?
Marine Products's dividend payout ratio is 237.7%.
Does Marine Products pay a good dividend?
Marine Products's dividend yield is above the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.