Marine Products's most recent dividend was on Feb 10, 2025 (ex-date) with a cash dividend payment of $0.84 per share. On an annualized basis, the company has a current payout of $1.96 per share. This brings the dividend yield to 22.82% based on its recent close price.
MPX has a dividend yield of 22.82% which is above the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 2.65%, Marine Products's dividend yield is 761% higher. Historically MPX's dividend yield has averaged at 6.0% in the last 5 years, which is below the current yield.
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 250% for the last twelve months. And since the stock price has gone down by 18% from a year ago, the dividend yield has increased by 325%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Feb 10, 2025 | $0.84 | 22.07% |
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% |
MPX has a payout ratio of 369.8% which is higher than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 44.6%, Marine Products's payout ratio is 729% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MPX Marine Products Corp | 22.82% | $1.96 | 369.8% |
BC Brunswick Corp | 2.68% | $1.68 | 86.6% |
Yes, Marine Products has paid four dividends in the last twelve months. MPX has been paying dividends since 2012.
Marine Products's last dividend ex-date was on Feb 10, 2025. The dividend amount was $0.84 per share.
MPX has paid dividend of $1.96 per share in the last year.
Marine Products's current dividend yield is 22.82%.
Marine Products's dividend payout ratio is 369.8%.
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.