Parke Bancorp (PKBK) Declares $0.08 Quarterly Dividend; 2.1% Yield

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Parke Bancorp, Inc. Declares Cash Dividend

September 21, 2016 4:10 PM EDT

WASHINGTON TOWNSHIP, N.J., Sept. 21, 2016 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.08 per share cash dividend payable on October 31, 2016, to its stockholders of record as of the close of business on October 14, 2016. 

The Board anticipates paying cash dividends on a quarterly basis, subject to determination and declaration by the Board of Directors, which will take into account a number of factors, including the financial condition of the Company and the Bank, and any applicable legal and regulatory restrictions... More