National Presto Industries (NPK) will pay another special dividend of $5.00 per share in 2020, together with the regular annual dividend of $1.00 per share. The company also paid a five dollar special dividend in the last two years.
The record date for both the regular and special dividend for a total of $6.00 per share will be March 2, 2020, and the payment date, March 13, 2020. The regular annual dividend of $1.00 per share yields 1.3% at a stock price of $77.50.
National Presto Industries, Inc. operates in two business segments. The Housewares/Small Appliance segment designs and sells small household appliances and pressure cookers under the Presto brand name. The Defense segment manufactures a variety of products, including medium caliber training and tactical ammunition, energetic ordnance items, fuzes, cartridge cases, less-lethal munitions, and less-lethal accessory equipment.