Marine Products Corporation Announces Regular Quarterly Cash Dividend


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ATLANTA, Jan. 29, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.12 per share payable March 10, 2020 to common stockholders of record at the close of business on February 10, 2020.

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Marine Products Corporation (NYSE:MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive and outboard pleasure boats, Vortex jet drive boats, and Robalo outboard sport fishing boats.  The Company continues to diversify its product lines through product innovation.  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 website 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

View original content:http://www.prnewswire.com/news-releases/marine-products-corporation-announces-regular-quarterly-cash-dividend-300994933.html

SOURCE Marine Products Corporation


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: DividendsPress ReleasesMaritime/ShipbuildingTransportation/Trucking/Railroad