Park Aerospace Corp. Announces Quarterly Dividend of $0.10

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PKE Intrinsic Value – Park Aerospace Corp($NYSE:PKE) is pleased to announce a quarterly dividend of $0.10 per share. Park Aerospace Corp is a leading provider of aerospace products and services. The company’s products and services include engineering, manufacturing, and support for aerospace products and systems. Park Aerospace Corp’s customers include major aerospace OEMs and airlines around the world.

Dividends

Park Aerospace Corp has a long history of paying dividends, and its dividend yields have been consistently high over the past few years. For 2021, the company’s dividend yield is 3.1%. For the last two years, Park Aerospace Corp has paid dividends of $0.4 per share. If you are looking for dividend stocks, Park Aerospace Corp is definitely worth considering. With a strong history of dividend payments and high yields, Park Aerospace Corp is a great choice for investors seeking income from their investments.

Stock Price

PARK AEROSPACE CORP stock opened at $10.80 on Wednesday, up 2.0% from the previous closing price of $10.70. PAAC closed at $10.90, also up 2.0% from the previous close. PAAC shares have traded in a range of $10.70 to $10.90 so far today.

VI Analysis – PKE Intrinsic Value

PARK AEROSPACE CORP is a company with strong fundamentals that reflect its long-term potential. The company’s fair value is around $13.4, calculated by VI Line. PARK AEROSPACE CORP stock is currently traded at $10.9, which is a fair price that is undervalued by 18%.

Summary

This marks the seventh consecutive quarter that Park has paid a dividend to its shareholders. “We are pleased to continue our tradition of paying a quarterly dividend to our shareholders,” said Mark J.