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

Park Aerospace Corp. (NYSE:PKE) announced a quarterly dividend on Friday, March 7th, RTT News reports. Investors of record on Wednesday, April 2nd will be given a dividend of 0.125 per share by the semiconductor company on Friday, May 2nd. This represents a $0.50 annualized dividend and a dividend yield of 3.74%.

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

Park Aerospace Trading Down 0.6 %

NYSE:PKE opened at $13.39 on Friday. Park Aerospace has a 12-month low of $11.96 and a 12-month high of $16.96. The stock has a 50-day moving average price of $14.28 and a 200 day moving average price of $14.14. The stock has a market capitalization of $266.70 million, a P/E ratio of 37.18 and a beta of 0.40.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Park Aerospace from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd.

Park Aerospace Company Profile

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.