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Marine Products (MPX) Dividend Yield, Date & History

Marine Products logo
$9.34 +0.09 (+0.97%)
(As of 12/20/2024 05:31 PM ET)

Marine Products Dividend Summary

Dividend Yield
6.00%
Annual Dividend
$0.56
Recent
Dividend Payment
Dec. 10
Annualized 3-Year
Dividend Growth
15.87%
Dividend Payout Ratio
105.66%

Marine Products (MPX) pays an annual dividend of $0.56 per share, with a dividend yield of 6.00%. The next quarterly payment of $0.14 per share was paid on Tuesday, December 10, to investors who owned the stock before the ex-dividend date of Friday, November 8. The company currently pays out 105.66% of its earnings and 45.21% of its cash flow as dividends.

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MPX Dividend Payments by Quarter

The chart below displays up to four years of Marine Products' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MPX Dividend Yield Over Time

The chart below tracks Marine Products' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Marine Products vs. The Competition

Compare Marine Products' annual dividend, yield, and 3-year growth rate with averages for Discretionary and NYSE companies to evaluate its performance against the market.

TypeMarine ProductsDiscretionary CompaniesNYSE Companies
Annual Dividend$0.56$0.01$1.39
Dividend Yield6.00%2.80%3.58%
Annualized 3-Year Dividend Growth15.87%23.28%15.78%

Marine Products Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings105.66%
Based on This Year's Estimate140.00%
Based on Next Year's Estimate112.00%
Based on Cashflow45.21%

Marine Products Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/24/2024Quarterly$0.14 - 5.82%11/8/202411/11/202412/10/2024
7/25/2024Quarterly$0.14 - 5.36%8/9/20248/9/20249/10/2024
4/25/2024Quarterly$0.14 - 4.97%5/9/20245/10/20246/10/2024
1/25/2024Quarterly$0.14 - 5.42%2/8/20242/9/20243/11/2024
10/25/2023Quarterly$0.14 - 4.87%11/9/202311/10/202312/11/2023
7/26/2023Quarterly$0.14 - 3.32%8/9/20238/10/20239/11/2023
4/26/2023Quarterly$0.14 - 4.16%5/9/20235/10/20236/9/2023
1/25/2023Quarterly$0.14 - 4.24%2/9/20232/10/20233/10/2023

This table shows Marine Products' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Marine Products Dividend - Frequently Asked Questions

The current dividend yield for Marine Products is 6.00%. Learn more on MPX's dividend yield history.

The annual dividend for MPX shares is $0.56. Learn more on MPX's annual dividend history.

Marine Products pays quarterly dividends to shareholders.

Marine Products's most recent quarterly dividend payment of $0.14 per share was made to shareholders on Tuesday, December 10, 2024.

Marine Products's most recent ex-dividend date was Friday, November 8, 2024.

Over the past three years, the company's dividend has grown by an average of 15.87% per year.

The most recent change in the company's dividend was an increase of $0.02 on Wednesday, October 26, 2022.

The dividend payout ratio for MPX is:
  • 105.66% based on the trailing year of earnings
  • 140.00% based on this year's estimates
  • 112.00% based on next year's estimates
  • 45.21% based on cash flow

Marine Products' dividend yield of 5.80% is higher than the average Consumer Discretionary company that issues a dividend. MPX has a dividend yield higher than 75% of all dividend-paying stocks 5.61, making it a leading dividend payer. Marine Products' dividend payout ratio of 105.66% may not be sustainable.

Looking at the stock as a whole, market analysts rate Marine Products stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:MPX) was last updated on 12/21/2024 by MarketBeat.com Staff
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