ATLANTA, July 29, 2020 /PRNewswire/ -- Marine Products
Corporation (NYSE: MPX) announced today that its Board of Directors
declared a regular quarterly cash dividend of $0.08 per share payable September 10, 2020 to common stockholders of
record at the close of business on August
10, 2020.
Marine Products Corporation (NYSE: MPX) is a leading
manufacturer of fiberglass boats under three brand names:
Chaparral, Robalo and Vortex. Chaparral's sterndrive models include
SSi and SSX, along with the Chaparral Surf Series.
Chaparral's outboard offerings include various models, such as OSX
Luxury Sportboats, the 257 SSX, and SunCoast Sportdecks. Robalo
builds an array of outboard sport fishing boats, which include
center consoles, dual consoles and Cayman Bay Boat models.
Chaparral also offers jet powered boats under the Vortex brand
name. The Company continues to diversify its product lines
through product innovation. 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
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
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SOURCE Marine Products Corporation