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

Park Aerospace Corp. (NYSE:PKE) declared a quarterly dividend on Monday, December 9th,RTT News reports. Investors of record on Friday, January 3rd will be paid a dividend of 0.125 per share by the semiconductor company on Tuesday, February 4th. This represents a $0.50 annualized dividend and a yield of 3.31%.

Park Aerospace has increased its dividend by an average of 5.9% annually over the last three years.

Park Aerospace Stock Performance

Shares of Park Aerospace stock traded up $0.13 on Monday, hitting $15.11. The company had a trading volume of 49,837 shares, compared to its average volume of 65,930. The stock has a market capitalization of $301.60 million, a price-to-earnings ratio of 44.06 and a beta of 0.42. Park Aerospace has a 1 year low of $11.96 and a 1 year high of $16.96. The stock has a 50 day moving average of $14.29 and a 200-day moving average of $13.69.

Park Aerospace (NYSE:PKE) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $0.10 earnings per share for the quarter. The business had revenue of $16.71 million for the quarter. Park Aerospace had a return on equity of 6.61% and a net margin of 11.82%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Park Aerospace from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th.

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.