STOCK TITAN

Board at Marine Products (NYSE: MPX) declares $0.14 cash dividend

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Marine Products Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share. The dividend will be payable on May 14, 2026 to common stockholders of record at the close of business on May 8, 2026.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Quarterly dividend $0.14 per share Regular quarterly cash dividend declared by the Board
Dividend payment date May 14, 2026 Payable date for the $0.14 per share dividend
Dividend record date May 8, 2026 Common stockholders of record eligible for dividend
regular quarterly cash dividend financial
"declared a regular quarterly cash dividend of $0.14 per share"
A regular quarterly cash dividend is a set amount of money that a company pays to its shareholders four times a year, usually every three months. It provides investors with a steady income stream and signals that the company is generating consistent profits. For investors, receiving these payments can be a reliable way to earn returns and assess the company's financial stability.
common stockholders of record financial
"payable May 14, 2026 to common stockholders of record"
Common stockholders of record are the people or entities whose names appear on a company’s official shareholder list at a specific cut-off time set by the company. Think of it like a guest list for a party: only those on the list at that time are entitled to vote, receive dividends, participate in stock splits or other shareholder actions. This matters to investors because owning shares before the cut-off — not just buying them later — determines eligibility for these rights and payments.
Exhibit 99.1 regulatory
"99.1 | Press Release dated April 28, 2026"
Exhibit 99.1 is a label used in regulatory filings to identify a specific attached document, most often a company press release or investor presentation filed with securities regulators. For investors it matters because it marks an official, contemporaneous source of information directly tied to a filing—like the original news article pinned to a legal record—so traders and analysts treat it as an authoritative statement that can move a stock or clarify a company’s situation.
New York Stock Exchange market
"Common Stock, $0.10 par value | MPX | New York Stock Exchange"
The New York Stock Exchange is a marketplace where people buy and sell shares of publicly traded companies. It functions like a busy trading hub, helping investors transfer ownership of company parts and providing a way to gauge how well businesses are doing. Its role is vital because it offers liquidity and transparency, making it easier for investors to buy and sell investments confidently.
0001129155false00011291552026-04-282026-04-28

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): April 28, 2026

MARINE PRODUCTS CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

1-16263

58-2572419

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

2801 Buford Highway NE, Suite 300, Atlanta, Georgia 30329

(Address of principal executive office) (zip code)

Registrant's telephone number, including area code: (404) 321-7910

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

  ​

Trading Symbol(s)

  ​

Name of each exchange on which registered

Common Stock, $0.10 par value

 

MPX

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 8.01  Other Events.

On April 28, 2026, Marine Products Corporation issued a press release titled, "Marine Products Corporation Announces Regular Quarterly Cash Dividend." The press release announced that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share payable May 14, 2026 to common stockholders of record at the close of business on May 8, 2026.  

Item 9.01. Financial Statements and Exhibits.

 

99.1

Press Release dated April 28, 2026

 

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Marine Products Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Marine Products Corporation

 

 

Date: April 28, 2026

/s/ Michael L. Schmit

 

Michael L. Schmit

 

Vice President and Chief Financial Officer

3

Exhibit 99.1

Graphic

Marine Products Corporation Announces

Regular Quarterly Cash Dividend

ATLANTA, April 28, 2026 - Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share payable May 14, 2026 to common stockholders of record at the close of business on May 8, 2026.

About Marine Products Corporation

Marine Products Corporation is a leading manufacturer of high-quality fiberglass boats under the brand names Chaparral and Robalo. Chaparrals sterndrive models include SSi Sportboats and SSX Luxury Sportboats, and the GTS SURF Series. Chaparrals outboard offerings include OSX Luxury Sportboats, the SSi Outboard Bowriders, and SSX Luxury Sportboats. Robalo builds an array of outboard sport fishing models, which include Center Consoles, Dual Consoles and Cayman Bay Boats. For more information on Marine Products Corporation visit its website at www.marineproductscorp.com, www.chaparralboats.com, and www.robalo.com.

For information about Marine Products Corporation or this event, please contact:

Joshua Large

Vice President, Corporate Finance and Investor Relations

(404) 321-2152

jlarge@marineproductscorp.com

Michael L. Schmit

Chief Financial Officer

(404) 321-7910

irdept@marineproductscorp.com


FAQ

What dividend did Marine Products Corporation (MPX) declare?

Marine Products Corporation declared a regular quarterly cash dividend of $0.14 per share. This dividend reflects the company’s continued practice of returning cash to shareholders through periodic payments funded by its operating performance and available capital resources.

When will Marine Products Corporation (MPX) pay the $0.14 dividend?

Marine Products Corporation will pay the $0.14 per share dividend on May 14, 2026. Shareholders who are on the company’s books as common stockholders of record by the specified record date will receive this cash payment.

What is the record date for Marine Products Corporation’s dividend?

The record date for Marine Products Corporation’s $0.14 per share regular quarterly dividend is May 8, 2026. Investors must be common stockholders of record at the close of business that day to be eligible to receive the dividend.

How often does Marine Products Corporation pay this type of dividend?

Marine Products Corporation described the $0.14 per share payment as a regular quarterly cash dividend. This language indicates the dividend is part of an ongoing quarterly program rather than a special one-time distribution to common stockholders.

What businesses does Marine Products Corporation (MPX) operate?

Marine Products Corporation is a manufacturer of fiberglass boats under the Chaparral and Robalo brands. Its product lines include sterndrive and outboard sportboats and sport fishing models such as center consoles, dual consoles, and bay boats for recreational customers.

Filing Exhibits & Attachments

4 documents