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The Board of Directors of Park Electrochemical Corp. declared a regular quarterly dividend of $0.10 per share payable November 6, 2018 to shareholders of record at the close of business on October 2, 2018.
With the payment of this dividend in November, Park will have paid 33 consecutive years of uninterrupted regular, quarterly cash dividends, without ever skipping a dividend payment or reducing the amount of the dividend, and will have paid approximately $418 million in dividends, or $20.40 per share, since the beginning of its 2005 fiscal year.
About Park Electrochemical Corp.
Park Electrochemical Corp. is a global advanced materials company which develops and manufactures advanced composite materials, primary and secondary structures and assemblies and low-volume tooling for the aerospace markets and high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure, enterprise and military markets. The Company’s manufacturing facilities are located in Kansas, Singapore, France, Arizona and California. The Company also maintains R & D facilities in Arizona, Kansas and Singapore.
I-Connect007 Editorial Team
Today is the Memorial Day federal holiday in the United States. Observed on the last Monday in May, the day is set aside to honor and mourn U.S. military personnel who died while serving in the U.S. Armed Forces. The holiday’s roots trace back to remembrance of the soldiers on both sides of the U.S. Civil War.
Nolan Johnson, I-Connect007
Hot on the heels of the news that U.S. President Biden signed a presidential determination in support of the printed circuit board industry, I-Connect007’s Nolan Johnson spoke with David Schild, executive director of the Printed Circuit Board Association of America, about some of the expected implications. David points out, among other things, that this signals increased momentum with government and defense to support U.S.-based printed circuit manufacturing, and the possibility that a renewed interest in the industry by private financing could possibly follow.
Barry Matties, I-Connect007
The I-Connect007 team paid a visit to American Standard Circuits in West Chicago, Illinois. While there, we talked at length with CEO Anaya Vardya about the issues on his mind as he pushes technology, expands his floor space, and considers the implications of the CHIPS Act, staffing issues, and what’s happening in China.