5 Fastest Growing Dividend Stocks

2. Marine Products (NYSE: MPX)

Marine Products is a US based powerboats manufacturer. The company is rapidly acquiring more and more market share and overtaking many of its competitors. This revenue growth brought about by market penetration and product development has helped Marine Products’ stocks to grow at a very fast pace. Moreover, there has been a rising trend of an increased interest in water sports and activities and an overall increase in sales of powerboats. All these reasons combined have helped the organization achieve a revenue growth of 10.8% and a dividend CAGR of 28% with a 1.7% dividend yield.

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