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Marine Products Corporation Stock Dividends Overview

MPX pays dividends quarterly. Last paid amount was $0.140 at Mar 11, 2024. As of today, dividend yield (TTM) is 5.86%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 5.86%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.140
Next Ex-Dividend Date May 09, 2024
Next Payment Date Jun 10, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from MPX the purchase should be done within the next 3 days.
Here's a simple guide on how to buy MPX stock.

MPX Dividend Payout History

To ensure a understanding of MPX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2024 May 09, 2024 Jun 10, 2024 $0.84 7.33%
2 Feb 28, 2024 Feb 28, 2024 Mar 11, 2024 $0.140 1.31%
3 Jan 25, 2024 Feb 08, 2024 Mar 11, 2024 $0.140 1.31%
4 Oct 25, 2023 Nov 09, 2023 Dec 11, 2023 $0.140 1.34%
5 Jul 26, 2023 Aug 09, 2023 Sep 11, 2023 $0.140 1.03%
6 Apr 26, 2023 May 09, 2023 Jun 09, 2023 $0.140 0.87%
7 Jan 25, 2023 Feb 09, 2023 Mar 10, 2023 $0.140 1.08%
8 Oct 26, 2022 Nov 09, 2022 Dec 09, 2022 $0.140 1.23%
9 Jul 27, 2022 Aug 09, 2022 Sep 09, 2022 $0.120 1.15%
10 Apr 27, 2022 May 09, 2022 Jun 10, 2022 $0.120 1.27%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (83.33%)

Growth potential

Stable (1.35%)

MPX Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MPX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MPX stock here.

Comparing MPX to Sector and Country

MPX pays a solid dividend yield of 5.86%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.630%). MPX’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the US market (6.64%), which means that there are more attractive dividend stocks to consider.

MPX Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
MPX
Marine Products Corporation 394.693M $0.140 5.86% 55.61%

FAQ

What factors can affect the amount of MPX's dividend payments?
The amount of MPX's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MPX sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MPX stock be automatically reinvested?
If MPX offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MPX stock.

How often does MPX pay dividend?
Marine Products Corporation (MPX) pays dividends quarterly. The most recent payout was on Mar 11, 2024. The upcoming dividend Ex Date is May 09, 2024, with an amount of $0.84.

How much does MPX pays per share?
The last recorder (Feb 28, 2024) dividend per share was $0.140.

What is MPX dividend growth rate?
Over the last year, Marine Products Corporation has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 5.27%. Furthermore, examining the past 5 years, Marine Products Corporation has maintained an average Dividends Per Share Growth Rate of 3.13%.
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About Marine Products Corporation

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats, and SSi and SSX outboard models; and Robalo outboard sport fishing boats. It also provides cent... MPX Profile

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