Park Electrochemical Corporation (NYSE:PKE) expected to pay $0.10 on Nov 1, 2016

Park Electrochemical Corporation (NYSE:PKE) is expected to pay $0.10 on Nov 1, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Sep 30, 2016 will be eligible to receive the payout. Based on Park Electrochemical Corporation’s current price of $17.36, the dividend is 0.58%. This dividend’s record date is Oct 4, 2016 and the announcement date is Sep 14, 2016. The stock increased 2.90% or $0.49 during the last trading session, hitting $17.36. Park Electrochemical Corp. (NYSE:PKE) has risen 22.51% since February 25, 2016 and is uptrending. It has outperformed by 11.26% the S&P500.

Park Electrochemical Corp. is a global advanced materials company. The company has a market cap of $347.97 million. The Firm develops, makes, markets and sells digital and radio frequency /microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling products for the aerospace markets. It has a 21.72 P/E ratio. The Firm operates through integrated business units in Asia, Europe and North America.

Insitutional Activity: The institutional sentiment decreased to 1.11 in 2016 Q2. Its down 1.01, from 2.12 in 2016Q1. The ratio dived, as 4 funds sold all Park Electrochemical Corp. shares owned while 32 reduced positions. 8 funds bought stakes while 32 increased positions. They now own 16.70 million shares or 4.59% more from 15.96 million shares in 2016Q1.

Heartland Advisors Inc holds 1.61% of its portfolio in Park Electrochemical Corp. for 1.97 million shares. Morgan Dempsey Capital Management Llc owns 112,145 shares or 0.55% of their US portfolio. Moreover, Lombardia Capital Partners Llc has 0.46% invested in the company for 485,867 shares. The Georgia-based Marshwinds Advisory Co has invested 0.27% in the stock. Teton Advisors Inc., a New York-based fund reported 119,292 shares.

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