Contact: Martina Bar Kochva
48 South Service Road
Melville, NY 11747
PARK ELECTROCHEMICAL CORP. DECLARES 101st CONSECUTIVE QUARTERLY CASH DIVIDEND
Melville, New York,
September 16, 2010…..The Board of Directors of Park Electrochemical
Corp. (NYSE – PKE) declared a regular quarterly dividend of $0.10 per
share payable November 5, 2010 to stockholders of record at the close of
business on October 7, 2010.
This dividend is the 101st consecutive quarterly cash dividend declared and paid by Park Electrochemical Corp. during the last 25 years, beginning in September 1985. The first quarterly dividend was $0.01 per share (adjusted for stock splits), and the dividend has been increased on seven occasions, with the most recent increase having been from $0.08 to $0.10 per share declared in July 2009. During the last 25 years, Park has never skipped a quarterly cash dividend, and Park’s quarterly cash dividend has never been reduced.
Park Electrochemical Corp.
is a global advanced materials company which develops and manufactures
high-technology digital and RF/microwave printed circuit materials
principally for the telecommunications and internet infrastructure and
high-end computing markets and advanced composite materials, parts and
assemblies principally for the aerospace markets. Park’s core
capabilities are in the areas of polymer chemistry formulation and
coating technology. Park also specializes in the design and manufacture
of complex composite aircraft and space vehicle parts. The Company’s
manufacturing facilities are located in Singapore, China, France,
Connecticut, Kansas, Arizona, California and Washington.
Additional corporate information is available on the Company’s web site at www.parkelectro.com.