Marine Products (Marine Products) Dividend Payout Ratio

: 0.89 (As of Dec. 2023)

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Marine Products's dividend payout ratio for the months ended in Dec. 2023 was 0.89.

The historical rank and industry rank for Marine Products's Dividend Payout Ratio or its related term are showing as below:

MPX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.5 Max: 0.63
Current: 0.48

During the past 13 years, the highest Dividend Payout Ratio of Marine Products was 0.63. The lowest was 0.41. And the median was 0.50.

MPX's Dividend Payout Ratio is ranked worse than
71.95% of 745 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs MPX: 0.48

As of today (2024-04-23), the Dividend Yield % of Marine Products is 4.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Marine Products was 6.12%. The lowest was 1.08%. And the median was 2.24%.

Marine Products's Dividends per Share for the months ended in Dec. 2023 was $0.14.

During the past 12 months, Marine Products's average Dividends Per Share Growth Rate was 12.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marine Products was 100.00% per year. The lowest was -63.20% per year. And the median was 26.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Marine Products Dividend Payout Ratio Historical Data

The historical data trend for Marine Products's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marine Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.58

0.63

0.54

0.42

0.48

Marine Products Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.40	0.41	0.33	0.55	0.89

Competitive Comparison

For the Recreational Vehicles subindustry, Marine Products's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marine Products Dividend Payout Ratio Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Marine Products's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Marine Products's Dividend Payout Ratio falls into.

Marine Products Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Marine Products's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.56	/	1.161
	=	0.48

Marine Products's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.14	/	0.158
	=	0.89

Marine Products (NYSE:MPX) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Marine Products Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Marine Products's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Marine Products (Marine Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Marine Products Corp (NYSE:MPX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MPX:Mexico

Address

2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329

Website

https://www.marineproductscorp.com

Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard, and jet pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational and cruiser markets through its Chaparral brand and to the sportfishing market through its Robalo brand.

Executives

Gary W. Rollins Voting Trust U/a Dated September 14, 1994	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329
Amy Rollins Kreisler	director	2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329
Lor Inc	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Michael Schmit	officer: CFO and Corporate Secretary	3055 TORRINGTON DRIVE, BALL GROUND GA 30107
John F Wilson	director	2170 PIEDMONT ROAD, NE, ATLANTA GA 30324
Ben M Palmer	officer: VP, CFO and Treasurer	C/O MARINE PRODUCTS CORP, 2170 PIEDMONT RD, NE, ATLANTA GA 30324
Susan R. Bell	director	852 CASTLE FALLS DR., ATLANTA GA 30329
Patrick J. Gunning	director	1958 CALDER COURT, DUNWOODY GA 30338
Harry J Cynkus	director	2170 PIEDMONT RD, ATLANTA GA 30324
Jerry W Nix	director	2999 WILDWOOD PARKWAY, ATLANTA GA 30339
2007 Gwr Grandchildren's Partnership	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rollins Holding Company, Inc.	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
1997 Rrr Grandchildren's Partnership	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rft Investment Company, Llc	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rctlor, Llc	10 percent owner	C/O RFA MANAGEMENT COMPANY, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329