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Park Aerospace Corp. Announces Quarterly Dividend of $0.13 (NYSE:PKE)

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Park Aerospace Corp. (NYSE:PKE - Get Free Report) announced a quarterly dividend on Friday, March 7th, RTT News reports. Stockholders of record on Wednesday, April 2nd will be paid a dividend of 0.125 per share by the semiconductor company on Friday, May 2nd. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend is Wednesday, April 2nd.

Park Aerospace has increased its dividend by an average of 7.7% annually over the last three years.

Park Aerospace Price Performance

PKE stock traded up $0.12 during trading hours on Tuesday, reaching $13.37. The stock had a trading volume of 40,737 shares, compared to its average volume of 54,514. The stock has a 50-day simple moving average of $14.23 and a 200 day simple moving average of $14.15. Park Aerospace has a fifty-two week low of $11.96 and a fifty-two week high of $16.96. The stock has a market capitalization of $266.48 million, a PE ratio of 37.15 and a beta of 0.40.

Park Aerospace (NYSE:PKE - Get Free Report) last issued its earnings results on Tuesday, January 14th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter. Park Aerospace had a net margin of 11.90% and a return on equity of 7.02%.

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Analyst Ratings Changes

Separately, StockNews.com raised Park Aerospace from a "hold" rating to a "buy" rating in a report on Wednesday, January 22nd.

Check Out Our Latest Report on PKE

Park Aerospace Company Profile

(Get Free Report)

Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts.

Further Reading

Dividend History for Park Aerospace (NYSE:PKE)

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