Park Electrochemical Corp. Declares Quarterly Dividend of $0.10 (NYSE:PKE)

Park Electrochemical Corp. (NYSE:PKE) declared a quarterly dividend on Monday, September 14th, Zacks reports. Shareholders of record on Thursday, October 1st will be given a dividend of 0.10 per share by the semiconductor company on Thursday, November 5th. This represents a $0.40 annualized dividend and a yield of 3.45%. The ex-dividend date of this dividend is Wednesday, September 30th.

Park Electrochemical has a payout ratio of 78.4% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall.

NYSE:PKE opened at $11.61 on Wednesday. The firm’s fifty day simple moving average is $11.29 and its 200 day simple moving average is $11.96. Park Electrochemical has a 1 year low of $9.14 and a 1 year high of $19.09. The firm has a market capitalization of $236.62 million, a PE ratio of 26.39 and a beta of 0.80.

Park Electrochemical (NYSE:PKE) last announced its quarterly earnings results on Thursday, July 9th. The semiconductor company reported $0.10 EPS for the quarter. Park Electrochemical had a return on equity of 6.27% and a net margin of 15.58%. The business had revenue of $12.21 million for the quarter.

Park Electrochemical Company Profile

Park Electrochemical Corp., through its subsidiaries, develops, manufactures, markets, and sells high-technology digital and radio frequency/microwave printed circuit material products primarily for the telecommunications and Internet infrastructure, enterprise, and military/aerospace markets. It also designs, develops, and manufactures advanced composite materials, primary and secondary structures and assemblies, and low-volume tooling products for the aerospace markets.

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Dividend History for Park Electrochemical (NYSE:PKE)

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