Parke Bancorp, Inc. (PKBK) Raises Quarterly Dividend 16.7% to $0.07; 2.2% Yield

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Go back to Parke Bancorp, Inc. (PKBK) Raises Quarterly Dividend 16.7% to $0.07; 2.2% Yield

Parke Bancorp, Inc. Announces Cash Dividend Increase

September 24, 2015 4:10 PM EDT

WASHINGTON TOWNSHIP, N.J., Sept. 24, 2015 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced that, beginning with the quarterly cash dividend to be paid in October 2015, the board approved an increase in the dividend rate from $0.06 per share to $0.07 per share. The dividend will be paid on October 30, 2015, to shareholders of record of the Company as of the close of business on October 15, 2015.  "Our Board of Directors is strongly committed to enhancing shareholder value in our Company.  We are able to increase the dividend as a result of the... More