Board at Marine Products (NYSE: MPX) declares $0.14 cash dividend
Filing Impact
Filing Sentiment
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.
8-K Event Classification
2 items: 8.01, 9.01
2 items
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.
Key Figures
Quarterly dividend: $0.14 per share
Dividend payment date: May 14, 2026
Dividend record date: May 8, 2026
3 metrics
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
Key Terms
regular quarterly cash dividend, common stockholders of record, Exhibit 99.1, New York Stock Exchange
4 terms
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.
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.
