Park Aerospace Corp. Announces That It Has Paid Over $600 Million in Cash Dividends Since the Beginning of Its 2005 Fiscal Year

Company Overview - Park Aerospace Corp. has paid a total of $601.1 million in cash dividends, equating to$29.35 per share, since the beginning of the 2005 fiscal year [1] - The company has maintained a record of 40 consecutive years of regular quarterly cash dividends without skipping or reducing payments [2] - Park Aerospace Corp. was founded in 1954 and has grown from a small operation in a garage to a significant player in the aerospace materials market [3] Product and Market Focus - The company develops and manufactures advanced composite materials for the global aerospace markets, including film adhesives and lightning strike protection materials [3] - Park's composite materials are utilized in various applications, including jet engines, transport aircraft, military aircraft, UAVs, business jets, and rotary wing aircraft [3] - The company also provides specialty ablative materials for rocket motors and radome applications, as well as composite parts and tooling for the aerospace industry [3] Corporate Philosophy - Park Aerospace Corp. aims to tackle projects that others may find too difficult or unappealing, positioning itself as a solution provider for niche markets within the aerospace sector [3]