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
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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.
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