{"id":823122,"date":"2025-03-07T10:26:10","date_gmt":"2025-03-07T15:26:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/park-aerospace-corp-declares-cash-dividend-12\/"},"modified":"2025-03-07T10:26:10","modified_gmt":"2025-03-07T15:26:10","slug":"park-aerospace-corp-declares-cash-dividend-12","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/park-aerospace-corp-declares-cash-dividend-12\/","title":{"rendered":"Park Aerospace Corp. Declares Cash Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEWTON, Kan., March  07, 2025  (GLOBE NEWSWIRE) &#8212; The Board of Directors of Park Aerospace Corp. (NYSE-PKE) has declared a regular quarterly cash dividend of $0.125 per share payable May 2, 2025 to shareholders of record at the close of business on April 2, 2025.<\/p>\n<p align=\"justify\">Park has paid 40 consecutive years of uninterrupted regular, quarterly cash dividends, without <em>ever<\/em> skipping a dividend payment or reducing the amount of the dividend.<\/p>\n<p align=\"justify\">The Company has paid <em>$601.1 million<\/em> in cash dividends, or $29.35 per share, since the beginning of the Company\u2019s 2005 fiscal year.<\/p>\n<p align=\"justify\">Yesterday\u2019s closing price of Park\u2019s stock on the New York Stock Exchange was $13.46 per share. Based upon that closing price, the current yield of Park\u2019s $0.50 per share annual regular cash dividend is 3.71%.<\/p>\n<p align=\"justify\">Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets. Park\u2019s advanced composite materials include film adhesives (Aeroadhere\u00ae) and lightning strike protection materials (Electroglide\u00ae). Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications. Park\u2019s 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 \u201cdrones\u201d), 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\u2019s 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\u2019s composite parts and structures (which include Park\u2019s proprietary composite SigmaStrut\u2122 and AlphaStrut\u2122 product lines) are, among others, prototype and development aircraft, special mission aircraft, spares for legacy military and civilian aircraft and exotic spacecraft. Park\u2019s 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.<\/p>\n<p align=\"justify\">Additional corporate information is available on the Company\u2019s website at www.parkaerospace.com.<\/p>\n<table style=\"border-collapse: collapse;border-collapse:collapse\">\n<tr>\n<td style=\"vertical-align: top\">Contact:<\/td>\n<td style=\"vertical-align: top\">\u00a0\u00a0<\/td>\n<td style=\"vertical-align: top\">Donna D\u2019Amico-Annitto<\/td>\n<td style=\"vertical-align: top\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">486 North Oliver Road, Bldg. Z<br \/>Newton, Kansas 67114<br \/>(316) 283-6500<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM5MDkxNiM2Nzk2MTExIzIwMDUyOTI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NDJlYzBhMzAtODYxYS00NjhjLThkY2MtZDdhYjhmMDBkN2JmLTEwMTY4NjUtMjAyNS0wMy0wNy1lbg==\/tiny\/Park-Aerospace-Corp-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEWTON, Kan., March 07, 2025 (GLOBE NEWSWIRE) &#8212; The Board of Directors of Park Aerospace Corp. (NYSE-PKE) has declared a regular quarterly cash dividend of $0.125 per share payable May 2, 2025 to shareholders of record at the close of business on April 2, 2025. Park has paid 40 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 $601.1 million in cash dividends, or $29.35 per share, since the beginning of the Company\u2019s 2005 fiscal year. Yesterday\u2019s closing price of Park\u2019s stock on the New York Stock Exchange was $13.46 per share. Based upon that closing price, the current yield of Park\u2019s $0.50 per &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/park-aerospace-corp-declares-cash-dividend-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Park Aerospace Corp. Declares Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-823122","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Park Aerospace Corp. Declares Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/park-aerospace-corp-declares-cash-dividend-12\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Park Aerospace Corp. Declares Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEWTON, Kan., March 07, 2025 (GLOBE NEWSWIRE) &#8212; The Board of Directors of Park Aerospace Corp. (NYSE-PKE) has declared a regular quarterly cash dividend of $0.125 per share payable May 2, 2025 to shareholders of record at the close of business on April 2, 2025. Park has paid 40 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 $601.1 million in cash dividends, or $29.35 per share, since the beginning of the Company\u2019s 2005 fiscal year. Yesterday\u2019s closing price of Park\u2019s stock on the New York Stock Exchange was $13.46 per share. Based upon that closing price, the current yield of Park\u2019s $0.50 per &hellip; Continue reading &quot;Park Aerospace Corp. 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