Park Aerospace (PKE) Raises Quarterly Dividend 25% to $0.125; 3.5% Yield

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Park Aerospace Corp. Increases Regular Quarterly Cash Dividend and Declares Special Dividend

February 9, 2023 5:27 PM EST

NEWTON, Kan., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) announced that, at its regular meeting on February 9, 2023, its Board of Directors:

Approved a 25% increase in the Companys regular quarterly cash dividend from the current rate of $0.10 per share to a new rate of $0.125 per share;Declared a regular quarterly cash dividend of $0.125 per share payable May 5, 2023 to shareholders of record at the close of business on April 3, 2023; andDeclared a special dividend of $1.00 per share payable April 6, 2023 to shareholders of record at the close of business on March 9, 2023. The total amount... More