Park Aerospace Corp. Declares Cash Dividend
12 Junho 2023 - 12:18PM
The Board of Directors of Park Aerospace Corp. (NYSE – PKE) has
declared a regular quarterly dividend of $0.125 per share payable
August 4, 2023 to shareholders of record at the close of business
on July 3, 2023.
Park has paid 38 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 $583 million
in cash dividends, or $28.475 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 and lightning
strike protection 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-Annitto 486 North
Oliver Road, Bldg. ZNewton, Kansas 67114(316) 283-6500
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