Park Aerospace's Dividend Raises Concerns Over Sustainability

Park Aerospace Corp. (NYSE:PKE) will pay a $0.125 dividend per share on February 4. However, estimates indicate that the company may struggle to maintain dividend payments in the future due to a high payout ratio and declining earnings per share. The dividend has been marked by instability, with at least one cut in the last 10 years, and EPS has declined at around 2.6% annually over the past five years. Investors should exercise caution when considering the dividend's sustainability.