Marine Products: In The Midst Of A Rough Patch But Still Profitable [Seeking Alpha]
Marine Products Corporation (MPX)
Last marine products corporation earnings: 4/29 06:45 am
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US:NYSE Investor Relations:
marineproductscorp.com/profile
Company Research
Source: Seeking Alpha
Summary The current company's quarterly dividend represents an annual dividend yield of close to 6%. Earlier this year, the company paid a massive special dividend in combination with the regular quarterly dividend, for a total of $0.84 per share. The company now experiences a down cycle, but still manages to remain profitable. The company's cash position is very strong and it has no financial debt. swissmediavision/iStock via Getty Images Marine Products Corporation ( NYSE: MPX ) was incorporated in 2000 and is engaged in the design, manufacture and sale of recreational fiberglass sport and sport fishing power boats under the brands Chaparral and Robalo, both with more than 50 years of history. Rough Patch In A Cyclical Industry The company operates in a cyclical industry, and has been experiencing two challenging quarters following strong sales in 2023. The bright light in this down cycle is that the company has proven its ability to adapt quickly to changing circum
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News
- Do These 3 Checks Before Buying Marine Products Corporation (NYSE:MPX) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Marine Products (NYSE:MPX) Has Affirmed Its Dividend Of $0.14 [Yahoo! Finance]Yahoo! Finance
- Marine Products Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Marine Products Corporation Reports Third Quarter 2024 Financial Results And Declares Regular Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- Marine Products Corporation Reports Third Quarter 2024 Financial Results And Declares Regular Quarterly DividendPR Newswire
MPX
Earnings
- 10/24/24 - Beat
MPX
Sec Filings
- 10/24/24 - Form 10-Q
- 10/24/24 - Form 8-K
- 8/26/24 - Form 4
- MPX's page on the SEC website