Marine Products Corporation Dividend
Marine Products Corporation Dividend history 23 years
Dividend Analysis of the Marine Products Corporation Stock
| Current dividend yield | 8.55 % |
| Dividendenrendite 5 Jahre | 2.47 % |
| Dividend Yield 10Y | 6.41 % |
| Payout 3Y | 8.34 % |
When does Marine Products Corporation pay a dividend?
The Marine Products Corporation stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Marine Products Corporation stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Marine Products Corporation are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.14
$0.14
|
Aug 09 2024
Aug 09 2024
Sep 10 2024
Aug 09 24
Sep 10 24 |
Sep 10 2024 |
quarterly
quarterly
|
| 2024 |
$0.7
$0.7
|
May 09 2024
May 09 2024
Jun 10 2024
May 09 24
Jun 10 24 |
Jun 10 2024 |
Special dividend
Special div.
|
| 2024 |
$0.14
$0.14
|
May 09 2024
May 09 2024
Jun 10 2024
May 09 24
Jun 10 24 |
Jun 10 2024 |
quarterly
quarterly
|
| 2024 |
$0.1319
$0.13
|
Feb 08 2024
Feb 08 2024
Mar 11 2024
Feb 08 24
Mar 11 24 |
Mar 11 2024 |
quarterly
quarterly
|
| 2023 |
$0.1319
$0.13
|
Nov 09 2023
Nov 09 2023
Dec 11 2023
Nov 09 23
Dec 11 23 |
Dec 11 2023 |
quarterly
quarterly
|
| 2023 |
$0.1319
$0.13
|
Aug 09 2023
Aug 09 2023
Sep 11 2023
Aug 09 23
Sep 11 23 |
Sep 11 2023 |
quarterly
quarterly
|
| 2023 |
$0.1319
$0.13
|
May 09 2023
May 09 2023
Jun 09 2023
May 09 23
Jun 09 23 |
Jun 09 2023 |
quarterly
quarterly
|
| 2023 |
$0.1319
$0.13
|
Feb 09 2023
Feb 09 2023
Mar 10 2023
Feb 09 23
Mar 10 23 |
Mar 10 2023 |
quarterly
quarterly
|
| 2022 |
$0.1319
$0.13
|
Nov 09 2022
Nov 09 2022
Dec 09 2022
Nov 09 22
Dec 09 22 |
Dec 09 2022 |
quarterly
quarterly
|
| 2022 |
$0.1131
$0.11
|
Aug 09 2022
Aug 09 2022
Sep 09 2022
Aug 09 22
Sep 09 22 |
Sep 09 2022 |
quarterly
quarterly
|
How much dividend does Marine Products Corporation pay?
Marine Products Corporation most recently paid a dividend of $0.14. Marine Products Corporation paid a Dividend of $0.53 Per Share in the financial year 2023. With a stock price of $9.16 at Sep 06 2024, the current dividend yield is 5.76% (calculation: $0.53 / $9.16 = 5.76%). No special dividend was paid.
What is the Marine Products Corporation Dividend Yield and payout ratio?
The average Marine Products Corporation dividend yield over the last 5 years is 3.46% and the average over the last 10 years is 2.87%.
The payout ratio of Marine Products Corporation in relation to the last financial year is 43.60%. The payout ratio smoothed over 3 years is 44.21%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Marine Products Corporation |
|---|---|
| Current dividend yield | 5.76% |
| Dividend Yield 5Y | 3.46% |
| Dividend Yield 10Y | 2.87% |
| Payout 1Y | 43.60% |
| Payout 3Y | 44.21% |
Is the Marine Products Corporation dividend safe? Continuity & Dividend Growth
Is the Marine Products Corporation dividend safe?
Marine Products Corporation has been paying a dividend for 12 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased 3-times.
The Dividend Growth in relation to the previous financial year amounts to 11.97%. The average Marine Products Corporation Dividend Growth over the last 5 years is 7.24%. The average for the last 10 years is 14.42%.
| Metric | Marine Products Corporation |
|---|---|
| Increased | 3 Years |
| Continuity | 3 Years |
| Paid | 12 Years |
| Growth 1Y | 11.97% |
| Growth 5Y | 7.24% |
| Growth 10Y | 14.42% |
Continuity
Marine Products Corporation has been paying a dividend for 12 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased 3-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 11.97%. The average Marine Products Corporation Dividend Growth over the last 5 years is 7.24%. The average for the last 10 years is 14.42%.
Marine Products Corporation Stock Forecast 2024
On the stock exchange, the Marine Products Corporation stock (ISIN: US5684271084) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Marine Products Corporation -14.71% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Marine Products Corporation stock price in real time at the top of the page.
Marine Products Corporation (symbol: MPX) is valued at a Price / Earnings Ratio (P/E ratio) of 12.51 and a price/sales ratio (P/S ratio) of 1.11 valued. Based on analyst estimates, the Marine Products Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 21.81 according to P/E ratio and 1.35 according to P/S.
| Metric | Marine Products Corporation |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
14.71%
|
| P/E TTM | 12.51 |
| P/S TTM | 1.11 |
| P/E forward | 21.81 |
| P/S forward | 1.35 |
Marine Products Corporation (symbol: MPX) is valued at a Price / Earnings Ratio (P/E ratio) of 12.51 and a price/sales ratio (P/S ratio) of 1.11 valued. Based on analyst estimates, the Marine Products Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 21.81 according to P/E ratio and 1.35 according to P/S.
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