#United States #Atlanta #Marine Products #Chaparral #Robalo

Marine Products Corporation Declares Regular Cash Dividend

On January 28, 2026, Marine Products Corporation (NYSE: MPX) made an announcement that is set to please its shareholders. The company’s Board of Directors declared a regular quarterly cash dividend of $0.14 per share. This dividend will be payable on March 10, 2026, to all common stockholders who are on record as of the close of business on February 10, 2026.

This move comes as a part of Marine Products' commitment to return value to its loyal investors, reinforcing their long-standing practice of issuing dividends. Over the years, the company has built a strong financial foundation that allows it to reward its shareholders regularly.

About Marine Products Corporation

Marine Products Corporation is recognized as a leading manufacturer in the fiberglass boat industry. With reputable brands like Chaparral and Robalo, the company has established itself as a giant in producing high-quality boats.

Chaparral’s Lineup

Chaparral focuses on creating a diverse range of models to cater to various boating experiences. Their sterndrive models include:

• - SSi Sportboats: Ideal for sporty outings on the water.
• - SSX Luxury Sportboats: Designed for those seeking a high-end experience.
• - SURF Series: Perfect for surf enthusiasts.

Moreover, Chaparral also offers outboard models, including:

• - OSX Luxury Sportboats: Combining luxury with performance.
• - SSi Outboard Bowriders: Focusing on spaciousness and comfort.

Robalo’s Renowned Range

On the other side, Robalo stands out with its impressive range of outboard sport fishing models. The brand includes:

• - Center Consoles: For the serious anglers wanting versatility.
• - Dual Consoles: A balance between comfort and functionality.
• - Cayman Bay Boats: Tailored for bay fishing adventures.

Importance of Dividend Announcements

Dividend declarations are vital for stockholders, as they offer a return on investment and an indication of the company's financial health. Regular dividends can attract more investors, as they tend to signify a company’s stability and ongoing profitability. Marine Products' decision to maintain its cash dividend is a strategic approach to fortifying investor confidence.

This dividend announcement is particularly beneficial in light of the current economic landscape, where many companies are struggling to maintain profitability. Ending the fiscal quarter with a dividend highlights Marine Products Corporation's resilience and effective management.

Conclusion

In conclusion, Marine Products Corporation’s declaration of a quarterly cash dividend is a significant move that reflects its commitment to rewarding shareholders. As this company continues to thrive as a prominent manufacturer of fiberglass boats, investors can feel reassured in their investment. With an impressive lineup of Chaparral and Robalo brands, the company is well-positioned for future growth, making it an appealing choice for both current and potential investors.

For more information about Marine Products Corporation, interested parties are encouraged to visit their official website at MarineProductsCorp.com.

Should you have any inquiries regarding this announcement, you can contact Joshua Large, Vice President of Corporate Finance and Investor Relations, at (404) 321-2152 or reach Michael L. Schmit, Chief Financial Officer, at (404) 321-7910.