secwatch.observer — SEC 8-K summary
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Issuer:     PARK AEROSPACE CORP (PKE)
CIK:        0000076267
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001437749-23-003103
Event type: dividend
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Park Aerospace declares $1.00 special dividend, raises regular quarterly dividend 25% to $0.125
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- Special cash dividend of $1.00 per share payable April 6, 2023 to holders of record March 9, 2023; expected total ~$20.5M.
- Regular quarterly dividend increased 25% from $0.10 to $0.125 per share; first at new rate payable May 5, 2023 to holders of record April 3, 2023.
- Park has paid uninterrupted quarterly dividends since 1985; cumulative ~$560M ($27.35/share) since FY2005.
- Chairman and CEO cites outlook and key aerospace programs as basis for increase; confident dividend is sustainable.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76267/000143774923003103/0001437749-23-003103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76267/000143774923003103/pke20230213_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-003103

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