Cash Dividend On The Way From Marine Products (MPX)

Looking at the universe of stocks we cover at Dividend Channel, on 5/7/15, Marine Products Corp. ( MPX) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 6/10/15. As a percentage of MPX's recent stock price of $6.94, this dividend works out to approximately 0.58%, so look for shares of Marine Products Corp. to trade 0.58% lower — all else being equal — when MPX shares open for trading on 5/7/15.

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Below is a dividend history chart for MPX, showing historical dividends prior to the most recent $0.04 declared by Marine Products Corp.:

MPX+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MPX is likely to continue, and whether the current estimated yield of 2.31% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MPX shares, versus its 200 day moving average:

Marine Products Corp. 200 Day Moving Average Chart

Looking at the chart above, MPX's low point in its 52 week range is $5.87 per share, with $9.12 as the 52 week high point — that compares with a last trade of $6.94.

In Tuesday trading, Marine Products Corp. shares are currently down about 0.7% on the day.

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