Park Aerospace Corp. 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 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. The company also provides specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was incorporated in 1954 and is based in Westbury, New York.
Park Aerospace Dividend Announcement
• Park Aerospace announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-10-01
• Park Aerospace annual dividend for 2024 was $0.50
• Park Aerospace annual dividend for 2023 was $0.97
• Park Aerospace's trailing twelve-month (TTM) dividend yield is 3.31%
• Park Aerospace's payout ratio for the trailing twelve months (TTM) is 146.09%
• Park Aerospace's dividend growth over the last five years (2018-2023) was -22.11% year
• Park Aerospace's dividend growth over the last ten years (2013-2023) was -10.63% year
Park Aerospace Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-01 | $0.12 | quarterly | 2024-11-05 |
2024-07-01 | $0.12 | quarterly | 2024-08-02 |
2024-04-01 | $0.12 | quarterly | 2024-05-03 |
2024-01-02 | $0.12 | quarterly | 2024-02-02 |
2023-09-29 | $0.12 | quarterly | 2023-11-03 |
2023-06-30 | $0.12 | quarterly | 2023-08-04 |
2023-03-31 | $0.12 | quarterly | 2023-05-05 |
2023-03-08 | $0.50 | quarterly | 2023-04-06 |
2023-01-03 | $0.10 | quarterly | 2023-02-03 |
2022-09-30 | $0.10 | quarterly | 2022-11-04 |
2022-06-30 | $0.10 | quarterly | 2022-08-04 |
2022-03-31 | $0.10 | quarterly | 2022-05-05 |
2022-01-03 | $0.10 | quarterly | 2022-02-03 |
2021-09-30 | $0.10 | quarterly | 2021-11-04 |
2021-06-30 | $0.10 | quarterly | 2021-08-05 |
2021-03-31 | $0.10 | quarterly | 2021-05-06 |
2020-12-31 | $0.10 | quarterly | 2021-02-04 |
2020-09-30 | $0.10 | quarterly | 2020-11-05 |
2020-07-01 | $0.10 | quarterly | 2020-08-04 |
2020-03-31 | $0.10 | quarterly | 2020-05-05 |
2020-01-17 | $1.00 | quarterly | 2020-02-20 |
2019-12-31 | $0.10 | quarterly | 2020-02-04 |
2019-09-30 | $0.10 | quarterly | 2019-11-05 |
2019-07-03 | $0.10 | quarterly | 2019-08-06 |
2019-04-01 | $0.10 | quarterly | 2019-05-01 |
2019-02-04 | $4.25 | quarterly | 2019-02-26 |
2018-12-31 | $0.10 | quarterly | 2019-02-05 |
2018-10-01 | $0.10 | quarterly | 2018-11-06 |
2018-07-03 | $0.10 | quarterly | 2018-08-07 |
2018-04-02 | $0.10 | quarterly | 2018-05-01 |
2018-01-22 | $3.00 | quarterly | 2018-02-13 |
2017-12-29 | $0.10 | quarterly | 2018-02-06 |
2017-10-02 | $0.10 | quarterly | 2017-11-07 |
2017-06-30 | $0.10 | quarterly | 2017-08-01 |
2017-03-31 | $0.10 | quarterly | 2017-05-02 |
2016-12-29 | $0.10 | quarterly | 2017-02-07 |
2016-09-30 | $0.10 | quarterly | 2016-11-01 |
2016-06-30 | $0.10 | quarterly | 2016-08-03 |
2016-03-31 | $0.10 | quarterly | 2016-05-04 |
2015-12-31 | $0.10 | quarterly | 2016-02-02 |
2015-10-01 | $0.10 | quarterly | 2015-11-03 |
2015-06-30 | $0.10 | quarterly | 2015-08-03 |
2015-03-31 | $0.10 | quarterly | 2015-05-04 |
2015-02-06 | $1.50 | quarterly | 2015-02-24 |
2014-12-31 | $0.10 | quarterly | 2015-02-02 |
2014-10-01 | $0.10 | quarterly | 2014-11-03 |
2014-07-01 | $0.10 | quarterly | 2014-08-04 |
2014-04-02 | $0.10 | quarterly | 2014-05-05 |
2014-02-07 | $2.50 | quarterly | 2014-02-25 |
2013-12-31 | $0.10 | quarterly | 2014-02-03 |
2013-10-02 | $0.10 | quarterly | 2013-11-04 |
2013-07-02 | $0.10 | quarterly | 2013-08-02 |
2013-04-03 | $0.10 | quarterly | 2013-05-03 |
2013-02-08 | $2.50 | quarterly | 2013-02-26 |
2013-01-02 | $0.10 | quarterly | 2013-02-04 |
Park Aerospace Dividend per year
Park Aerospace Dividend growth
Park Aerospace Dividend Yield
Park Aerospace current trailing twelve-month (TTM) dividend yield is 3.31%. Interested in purchasing Park Aerospace stock? Use our calculator to estimate your expected dividend yield:
Park Aerospace Financial Ratios
Park Aerospace Dividend FAQ
Other factors to consider when evaluating Park Aerospace as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Park Aerospace's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Park Aerospace publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Park Aerospace distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Park Aerospace are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Park Aerospace sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Park Aerospace distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Park Aerospace declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Park Aerospace's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Park Aerospace's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.