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Park Electrochemical Corp. Declares 101st Consecutive Quarterly Cash Dividend

^{Published on 2010-09-16 10:25:48 - Market Wire}
 

MELVILLE, N.Y.--([ BUSINESS WIRE ])--The Board of Directors of Park Electrochemical Corp. (NYSE:PKE) declared a regular quarterly dividend of $0.10 per share payable November 5, 2010 to stockholders of record at the close of business on October 7, 2010.

This dividend is the 101^st consecutive quarterly cash dividend declared and paid by Park Electrochemical Corp. during the last 25 years, beginning in September 1985. The first quarterly dividend was $0.01 per share (adjusted for stock splits), and the dividend has been increased on seven occasions, with the most recent increase having been from $0.08 to $0.10 per share declared in July 2009. During the last 25 years, Park has never skipped a quarterly cash dividend, and Parka™s quarterly cash dividend has never been reduced.

Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies principally for the aerospace markets. Parka™s core capabilities are in the areas of polymer chemistry formulation and coating technology. Park also specializes in the design and manufacture of complex composite aircraft and space vehicle parts. The Companya™s manufacturing facilities are located in Singapore, China, France, Connecticut, Kansas, Arizona, California and Washington.

Additional corporate information is available on the Companya™s website at [ www.parkelectro.com ].