Marine Products's most recent quarterly dividend was on May 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 4.72% based on its recent close price.
MPX has a dividend yield of 4.72% which is above the Consumer Cyclical sector and the industry average.
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 26% for the last twelve months. And since the stock price has gone down by 39% from a year ago, the dividend yield has increased by 107%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| Apr 27, 2022 | May 9, 2022 | Jun 10, 2022 | $0.12 | normal |
| Jan 26, 2022 | Feb 9, 2022 | Mar 10, 2022 | $0.12 | normal |
| Oct 27, 2021 | Nov 9, 2021 | Dec 10, 2021 | $0.12 | normal |
| Aug 9, 2021 | Sep 10, 2021 | $0.12 | normal | |
| Apr 28, 2021 | May 7, 2021 | Jun 10, 2021 | $0.12 | normal |
| Jan 27, 2021 | Feb 9, 2021 | Mar 10, 2021 | $0.1 | normal |
| Oct 28, 2020 | Nov 9, 2020 | Dec 10, 2020 | $0.08 | normal |
| Oct 28, 2020 | Nov 9, 2020 | Dec 10, 2020 | $0.04 | special |
| Jul 29, 2020 | Aug 7, 2020 | Sep 10, 2020 | $0.08 | normal |
| Apr 29, 2020 | May 8, 2020 | Jun 10, 2020 | $0.08 | normal |
| Jan 29, 2020 | Feb 7, 2020 | Mar 10, 2020 | $0.12 | normal |
| Oct 23, 2019 | Nov 7, 2019 | Dec 10, 2019 | $0.1 | special |
| Oct 23, 2019 | Nov 7, 2019 | Dec 10, 2019 | $0.12 | normal |
| Jul 24, 2019 | Aug 8, 2019 | Sep 10, 2019 | $0.12 | normal |
| Apr 24, 2019 | May 9, 2019 | Jun 10, 2019 | $0.12 | normal |
| Jan 23, 2019 | Feb 8, 2019 | Mar 11, 2019 | $0.12 | normal |
| Oct 24, 2018 | Nov 8, 2018 | Dec 10, 2018 | $0.1 | normal |
| Oct 24, 2018 | Nov 8, 2018 | Dec 10, 2018 | $0.1 | special |
| Jul 25, 2018 | Aug 9, 2018 | Sep 10, 2018 | $0.1 | normal |
| Apr 25, 2018 | May 9, 2018 | Jun 11, 2018 | $0.1 | normal |
| Jan 24, 2018 | Feb 8, 2018 | Mar 9, 2018 | $0.1 | normal |
| Oct 25, 2017 | Nov 9, 2017 | Dec 11, 2017 | $0.05 | special |
| Oct 25, 2017 | Nov 9, 2017 | Dec 11, 2017 | $0.07 | normal |
| Jul 26, 2017 | Aug 8, 2017 | Sep 11, 2017 | $0.07 | normal |
| Apr 26, 2017 | May 8, 2017 | Jun 9, 2017 | $0.07 | normal |
| Jan 25, 2017 | Feb 8, 2017 | Mar 10, 2017 | $0.07 | normal |
| Oct 25, 2016 | Nov 8, 2016 | Dec 9, 2016 | $0.06 | normal |
| Jul 27, 2016 | Aug 8, 2016 | Sep 9, 2016 | $0.06 | normal |
MPX has a payout ratio of 58.5% which is higher than the Consumer Cyclical sector and the industry average.