Park Aerospace Corp. Declares Cash Dividend
December 12 2019 - 10:05AM
The Board of Directors of Park Aerospace Corp. (NYSE – PKE)
declared a regular quarterly dividend of $0.10 per share payable
February 4, 2020 to shareholders of record at the close of business
on January 2, 2020.
Park has paid 34 consecutive years of
uninterrupted regular, quarterly cash dividends, without ever
skipping a dividend payment or reducing the amount of the
dividend.
The Company has paid approximately $513 million
in cash dividends, or $25.05 per share, since the beginning of its
2005 fiscal year.
Park Aerospace Corp. develops and manufactures
solution and hot-melt advanced composite materials used to produce
composite structures for the global aerospace markets. Park’s
advanced composite materials include film adhesives (undergoing
qualification) and lightning strike materials. Park offers an
array of composite materials specifically designed for hand lay-up
or automated fiber placement (AFP) manufacturing
applications. Park’s advanced composite materials are used to
produce primary and secondary structures for jet engines, large and
regional transport aircraft, military aircraft, Unmanned Aerial
Vehicles (UAVs commonly referred to as “drones”), business jets,
general aviation aircraft and rotary wing aircraft. Park also
offers specialty ablative materials for rocket motors and nozzles
and specially designed materials for radome applications. As
a complement to Park’s advanced composite materials offering, Park
designs and fabricates composite parts, structures and assemblies
and low volume tooling for the aerospace industry. Target
markets for Park’s composite parts and structures (which include
Park’s proprietary composite Sigma Strut and Alpha Strut product
lines) are, among others, prototype and development aircraft,
special mission aircraft, spares for legacy military and civilian
aircraft and exotic spacecraft. Park’s objective is to do
what others are either unwilling or unable to do. When nobody
else wants to do it because it is too difficult, too small or too
annoying, sign us up.
Additional corporation information is available
on the Company’s web site at www.parkaerospace.com.
Contact: Donna
D’Amico-Annitto
486 North Oliver Road, Bldg. ZNewton, Kansas 67114(316)
283-6500
Park Aerospace (NYSE:PKE)
Historical Stock Chart
From Apr 2024 to May 2024
Park Aerospace (NYSE:PKE)
Historical Stock Chart
From May 2023 to May 2024