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

Park Aerospace Corp. (NYSE:PKE - Get Free Report) declared a quarterly dividend on Monday, June 9th, RTT News reports. Investors of record on Tuesday, July 1st will be given a dividend of 0.125 per share by the semiconductor company on Friday, August 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date of this dividend is Tuesday, July 1st.

Park Aerospace Stock Performance

Park Aerospace stock traded down $0.14 during mid-day trading on Thursday, reaching $13.96. 24,229 shares of the company were exchanged, compared to its average volume of 65,608. The firm's 50-day simple moving average is $13.45 and its two-hundred day simple moving average is $13.97. Park Aerospace has a twelve month low of $11.96 and a twelve month high of $15.57. The firm has a market cap of $278.15 million, a PE ratio of 38.78 and a beta of 0.39.

Park Aerospace (NYSE:PKE - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The semiconductor company reported $0.06 EPS for the quarter. Park Aerospace had a return on equity of 7.02% and a net margin of 11.90%. The business had revenue of $16.94 million during the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of Park Aerospace from a "buy" rating to a "hold" rating in a research note on Monday, May 19th.

Institutional Investors Weigh In On Park Aerospace

An institutional investor recently bought a new position in Park Aerospace stock. Jones Financial Companies Lllp purchased a new stake in Park Aerospace Corp. (NYSE:PKE - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,835 shares of the semiconductor company's stock, valued at approximately $52,000. 77.83% of the stock is owned by institutional investors and hedge funds.

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.