Key Highlights

  • Park's $0.125 quarterly dividend goes ex-dividend October 1, 2026 and is payable November 4 to shareholders of record.
  • Fiscal 2027 first-quarter net sales were $18,312,000 versus $15,400,000, with net earnings of $3,533,000 versus $2,080,000.
  • Basic and diluted EPS were $0.17 versus $0.10, and Adjusted EBITDA, a non-GAAP measure, was $4,576,000 versus $2,963,000.
  • Cash and marketable securities were $89,407,000 at May 31, 2026, and the company reported no long-term debt.

Overview

Park Aerospace Corp.'s (NYSE:PKE) $0.125 quarterly dividend, declared September 8, 2026, yields 1.69% and matches the $0.125 declared in July. Fiscal first-quarter basic and diluted EPS was $0.17, and the company reported $89,407 thousand of cash and marketable securities with no long-term debt. It is payable November 4 to shareholders of record October 1.

Dividend Program and Shareholder Returns

Park's board declared a cash dividend of $0.125 per share on September 8, 2026, payable November 4 to shareholders of record on October 1. The company declared a dividend of the same amount in July, payable in August.

The latest filing identifies no special or supplemental common dividend. Dividend declarations remain subject to board approval.

About the Company

Park Aerospace Corp. develops and manufactures advanced composite materials, including prepreg and C2B fabric, for aerospace markets such as jet engine programs and missile systems. Its customers include GE Aerospace for engine programs. Quarterly results vary with product mix, particularly the timing of C2B fabric and ablative material sales.

Financial Performance Behind the Payout

Park reported fiscal 2027 first-quarter net sales of $18,312,000 for the quarter ended May 31, 2026, compared with $15,400,000 a year earlier and $24,187,000 in the fourth quarter of fiscal 2026. Net earnings were $3,533,000 versus $2,080,000 and $3,838,000.

Basic and diluted EPS was $0.17 versus $0.10 and $0.19. Cost of sales was $11,936,000, and gross profit was $6,376,000, a 34.8% gross margin. Adjusted EBITDA, a non-GAAP measure, was $4,576,000 versus $2,963,000 and $5,171,000, a 25% Adjusted EBITDA margin.

Cash and marketable securities were $89,407,000 versus $89,368,000 at the prior fiscal year-end, and the company reported no long-term debt.

Product Mix, Programs and a June Stock Offering

Management said first-quarter sales included no C2B fabric and $1.9 million of ablative material sales. Sales for GE Aerospace engine programs were $7.1 million in the quarter.

On the call, management described new developments tied to missile-defense programs, a new Oklahoma manufacturing plant and a completed stock offering, and estimated cash and marketable securities of approximately $114 million at the end of June 2026.

Outlook

Park estimates second-quarter fiscal 2027 sales of $19.5 million to $21.0 million and Adjusted EBITDA of $4.3 million to $5.1 million, and $34 million to $38 million of sales from GE Aerospace engine programs for the full fiscal year. Management also discussed product mix between prepreg and C2B fabric and the new Oklahoma plant.