Park Aerospace Corp. (PKE) To Go Ex-Dividend on October 1st

Park Aerospace Corp. (NYSE:PKE) declared a quarterly dividend on Tuesday, September 8th. Shareholders of record on Thursday, October 1st will be paid a dividend of 0.125 per share by the semiconductor company on Wednesday, November 4th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, October 1st.

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

Park Aerospace Stock Down 2.4%

NYSE:PKE opened at $31.45 on Thursday. The company has a market cap of $683.95 million, a P/E ratio of 49.92 and a beta of 0.40. The firm’s 50 day moving average is $34.58 and its two-hundred day moving average is $32.57. Park Aerospace has a fifty-two week low of $18.19 and a fifty-two week high of $39.86.

Park Aerospace (NYSE:PKE) last announced its quarterly earnings results on Monday, July 20th. The semiconductor company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The firm had revenue of $18.31 million for the quarter, compared to analysts’ expectations of $17.95 million. Park Aerospace had a net margin of 16.70% and a return on equity of 10.75%.

About Park Aerospace

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.