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

Park Aerospace Corp. (NYSE:PKE) declared a quarterly dividend on Monday, December 8th. Investors of record on Friday, January 2nd will be given a dividend of 0.125 per share by the semiconductor company on Wednesday, February 4th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, January 2nd.

Park Aerospace has decreased its dividend by an average of 0.2%annually over the last three years.

Park Aerospace Stock Performance

NYSE:PKE opened at $19.79 on Tuesday. The stock has a 50-day simple moving average of $19.61 and a two-hundred day simple moving average of $17.83. The firm has a market capitalization of $394.02 million, a PE ratio of 54.97 and a beta of 0.33. Park Aerospace has a 52-week low of $11.97 and a 52-week high of $21.52.

Park Aerospace (NYSE:PKE) last posted its quarterly earnings data on Thursday, October 9th. The semiconductor company reported $0.12 earnings per share for the quarter. The firm had revenue of $16.38 million for the quarter. Park Aerospace had a return on equity of 7.97% and a net margin of 11.57%.During the same period in the previous year, the firm earned $0.10 earnings per share.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of Park Aerospace in a research report on Monday, December 1st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

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.