Park Aerospace Corp. announced that with the payment of its regular cash dividend of $0.125 per share on February 4, 2025, the company has now distributed $601.1 million in cash dividends. This cumulative total, equivalent to $29.35 per share, has been paid since the beginning of the company’s 2005 fiscal year.
The company highlighted its consistent commitment to shareholder returns, noting that it has paid uninterrupted regular quarterly cash dividends for 40 consecutive years. This record includes maintaining dividend payments through significant economic challenges such as 9/11, the Dot Com collapse, and the pandemic.
Brian E. Shore, Park’s Chairman and CEO, reflected on the milestone, emphasizing the substantial amount of capital returned to shareholders for a company that started with a modest $40,000 in 1954. This achievement underscores Park's long-term financial stability and disciplined capital allocation strategy.
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