Park Electrochemical Keeps Dividend Steady
Printed-circuit materials maker Park Electrochemical announced yesterday its second-quarter dividend of $0.10 per share, the same rate it's paid since 2009.
The board of directors said the quarterly dividend is payable on Aug. 2 to the holders of record at the close of business on July 5. The materials maker has made quarterly payouts to investors since at least 1993. It paid a special dividend of $2.50 per share in February.
The regular dividend payment equates to a $0.40-per-share annual dividend, yielding 1.6% based on the closing price of Park Electrochemical's stock on June 18.
The article Park Electrochemical Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.