Park Aerospace Corp. Declares Cash Dividend
12 Dezembro 2022 - 5:11PM
The Board of Directors of Park Aerospace Corp. (NYSE – PKE) has
declared a regular quarterly dividend of $0.10 per share payable
February 3, 2023 to shareholders of record at the close of business
on January 4, 2023.
Park has paid 37 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 approximately $558 million
in cash dividends, or $27.25 per share, since the beginning of its
2005 fiscal year.
Park Aerospace Corp. develops and manufactures
solution and hot-melt advanced composite materials used to produce
composite structures for the global aerospace markets. Park’s
advanced composite materials include film adhesives (undergoing
qualification) and lightning strike materials. Park offers an array
of composite materials specifically designed for hand lay-up or
automated fiber placement (AFP) manufacturing applications. Park’s
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 “drones”), 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’s 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’s composite parts and structures (which include Park’s
proprietary composite SigmaStrut™ and AlphaStrut™ product lines)
are, among others, prototype and development aircraft, special
mission aircraft, spares for legacy military and civilian aircraft
and exotic spacecraft. Park’s 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.
Additional corporate information is available on
the Company’s web site at www.parkaerospace.com.
Contact: Donna D’Amico-Annitto486 North Oliver
Road, Bldg. ZNewton, Kansas 67114(316) 283-6500
Park Aerospace (NYSE:PKE)
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