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Marine Products Corporation Announces Regular Quarterly Cash Dividend

Stocks in this article: MPX

ATLANTA, July 25, 2012 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.02 per share payable September 10, 2012 to common stockholders of record at the close of business on August 10, 2012.            

Marine Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive and inboard pleasure boats; Premiere Sport Yachts; and Robalo sport fishing boats, continues to diversify its product line through product innovation and is prepared to consider strategic acquisition targets.  With premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and to generate superior financial performance to build long-term shareholder value.  For more information on Marine Products Corporation visit our Web site at www.marineproductscorp.com.

For information contact: BEN M. PALMER Chief Financial Officer (404) 321-7910 irdept@marineproductscorp.com

JIM LANDERS Vice President, Corporate Finance (404) 321-2162 jlanders@marineproductscorp.com

SOURCE Marine Products Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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