Marine Products Corporation

NYSE:MPX Stock Report

Market Cap: US$316.2m

Marine Products Dividends and Buybacks

Dividend criteria checks 4/6

Marine Products is a dividend paying company with a current yield of 6.15%.

Key information

6.1%

Dividend yield

0.3%

Buyback Yield

Total Shareholder Yield6.4%
Future Dividend Yieldn/a
Dividend Growth8.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.560
Payout ratio102%

Recent dividend and buyback updates

Marine Products (NYSE:MPX) Will Pay A Dividend Of $0.14

Oct 27
Marine Products (NYSE:MPX) Will Pay A Dividend Of $0.14

Marine Products (NYSE:MPX) Has Announced A Dividend Of $0.14

Apr 28
Marine Products (NYSE:MPX) Has Announced A Dividend Of $0.14

Recent updates

Marine Products: Uncertainty Persists With Slight Optimism After Q3 Weakness

Nov 19

Some Investors May Be Willing To Look Past Marine Products' (NYSE:MPX) Soft Earnings

Oct 31
Some Investors May Be Willing To Look Past Marine Products' (NYSE:MPX) Soft Earnings

Marine Products (NYSE:MPX) Will Pay A Dividend Of $0.14

Oct 27
Marine Products (NYSE:MPX) Will Pay A Dividend Of $0.14

Marine Products: In The Midst Of A Rough Patch But Still Profitable

Aug 29

A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)

Jul 17
A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)

Marine Products: Cheap, Resilient Cash Flows During Industry Turbulence (Rating Upgrade)

Jun 07

Marine Products (NYSE:MPX) Has Announced A Dividend Of $0.14

Apr 28
Marine Products (NYSE:MPX) Has Announced A Dividend Of $0.14

There Are Reasons To Feel Uneasy About Marine Products' (NYSE:MPX) Returns On Capital

Feb 13
There Are Reasons To Feel Uneasy About Marine Products' (NYSE:MPX) Returns On Capital

Marine Products: Quiet Compounder And Potential M&A Target

Jan 08

Improved Earnings Required Before Marine Products Corporation (NYSE:MPX) Stock's 25% Jump Looks Justified

Dec 27
Improved Earnings Required Before Marine Products Corporation (NYSE:MPX) Stock's 25% Jump Looks Justified

Marine Products: Expecting A Storm Ahead

Dec 16

Marine Products: Good Long-Term Prospects, But Risks Outweigh Rewards In The Near Term

Oct 10

Marine Products: Strong Financial Metrics, Moderate Revenue Growth

Sep 07

Is It Time To Consider Buying Marine Products Corporation (NYSE:MPX)?

Sep 01
Is It Time To Consider Buying Marine Products Corporation (NYSE:MPX)?

Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value

Aug 14
Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value

Marine Products Corporation: Still Strong Trends And Upside Potential

Jun 22

Is Now The Time To Put Marine Products (NYSE:MPX) On Your Watchlist?

Jun 09
Is Now The Time To Put Marine Products (NYSE:MPX) On Your Watchlist?

Marine Products (NYSE:MPX) Is Reinvesting To Multiply In Value

May 02
Marine Products (NYSE:MPX) Is Reinvesting To Multiply In Value

Marine Products declares $0.14 dividend

Jan 25

Marine Products Corporation: A Microcap Gem

Dec 20

Marine Products Is A Cash Cow

Nov 07

Marine Products raises dividend by ~17% to $0.14

Oct 26

Calculating The Fair Value Of Marine Products Corporation (NYSE:MPX)

Sep 15
Calculating The Fair Value Of Marine Products Corporation (NYSE:MPX)

Marine Products Stock: Shares Still Offer Upside, But They Aren't The Best Out There

Aug 16

Marine Products (NYSE:MPX) Has Affirmed Its Dividend Of $0.12

Jul 30
Marine Products (NYSE:MPX) Has Affirmed Its Dividend Of $0.12

Marine Products GAAP EPS of $0.29, revenue of $95.8M

Jul 27

Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value

Jul 20
Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value

A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)

Jun 13
A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)

A Look Into Marine Products' (NYSE:MPX) Impressive Returns On Capital

Apr 18
A Look Into Marine Products' (NYSE:MPX) Impressive Returns On Capital

Marine Products Stock: Still A Solid Prospect, But Not A Great Prospect

Apr 03

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MPX's dividend payments have been volatile in the past 10 years.

Growing Dividend: MPX's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Marine Products Dividend Yield vs Market
How does MPX dividend yield compare to the market?
SegmentDividend Yield
Company (MPX)6.1%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Leisure)3.6%
Analyst forecast (MPX) (up to 3 years)n/a

Notable Dividend: MPX's dividend (6.15%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: MPX's dividend (6.15%) is in the top 25% of dividend payers in the US market (4.45%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (102%), MPX's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (53.7%), MPX's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 19:18
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Marine Products Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric WoldB. Riley Securities, Inc.
null nullBurkenroad Reports
Brandon RolléD.A. Davidson & Co.