Park Electrochemical Corp. (NYSE:PKE) announced a quarterly dividend on Monday, September 14th, Zacks reports. Investors of record on Thursday, October 1st will be paid a dividend of 0.10 per share by the semiconductor company on Thursday, November 5th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date 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.
Shares of PKE stock traded up $0.18 during trading on Wednesday, reaching $11.61. 82,395 shares of the company’s stock traded hands, compared to its average volume of 165,498. The company has a market capitalization of $236.62 million, a P/E ratio of 26.39 and a beta of 0.80. The firm’s 50-day moving average is $11.29 and its 200 day moving average is $11.96. Park Electrochemical has a 1 year low of $9.14 and a 1 year high of $19.09.
Park Electrochemical (NYSE:PKE) last announced its quarterly earnings results on Thursday, July 9th. The semiconductor company reported $0.10 EPS for the quarter. The company had revenue of $12.21 million for the quarter. Park Electrochemical had a net margin of 15.58% and a return on equity of 6.27%.
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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