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PKE ex-dividend on 7/28 ($1.00)

Park Electrochemical, a high tech component manufacturer, will pay a Special dividend of $1.00 on August 22 to holders as of Friday, July 28. This special dividend is proably in response to the recent drop of the stock: on June 30, PKE management announced what it called a “very strong quarter”. And the number did look good indeed (aside from the 2007 tax rate bump), yet the stock went down significantly. Maybe a long term opportunity beyond the dividend there.

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