Park Aerospace Corp. (PKE) to Issue Quarterly Dividend of $0.13 on August 3rd

Park Aerospace Corp. (NYSE:PKE) declared a quarterly dividend on Monday, June 8th. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.125 per share by the semiconductor company on Monday, August 3rd. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, July 1st.

Park Aerospace has raised its dividend payment by an average of 0.0%annually over the last three years.

Park Aerospace Stock Performance

Shares of NYSE PKE opened at $34.51 on Wednesday. The firm has a market cap of $720.61 million, a price-to-earnings ratio of 61.63 and a beta of 0.42. The business’s 50-day simple moving average is $32.78 and its 200-day simple moving average is $26.93. Park Aerospace has a 52 week low of $13.52 and a 52 week high of $38.20.

Park Aerospace (NYSE:PKE) last released its earnings results on Thursday, May 28th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.03. The firm had revenue of $24.19 million for the quarter, compared to analyst estimates of $22.31 million. Park Aerospace had a return on equity of 10.08% and a net margin of 15.38%.

Park Aerospace Company Profile

Park Aerospace (NYSE: PKE) is a specialized materials and manufacturing company that designs, develops and produces high-performance composite structures, engineered laminates and specialty adhesives for aerospace, defense and industrial markets. Its product portfolio includes advanced honeycomb cores, composite assemblies, dielectric and high-reliability circuit materials, as well as structural and bonding solutions that meet demanding performance and weight requirements.

The company operates through two principal segments.