Marine Products Declares Quarterly Cash Dividend Of $0.14 Per Share, Payable On September 11, 2023
Portfolio Pulse from Benzinga Newsdesk
Marine Products Corporation (NYSE:MPX) has declared a quarterly cash dividend of $0.14 per share, payable on September 11, 2023, to common stockholders of record at the close of business on August 10, 2023.
July 26, 2023 | 10:51 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Marine Products Corporation has declared a quarterly cash dividend of $0.14 per share. This could potentially attract income-focused investors, leading to a short-term increase in the stock price.
Dividend announcements often attract income-focused investors, which can lead to increased demand for the stock and a short-term increase in the stock price. However, the actual impact will depend on various factors, including the overall market conditions and investor sentiment towards the company.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100