Parke Bancorp (PKBK) Raises Quarterly Dividend 20% to $0.12; 2.2% Yield

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Go back to Parke Bancorp (PKBK) Raises Quarterly Dividend 20% to $0.12; 2.2% Yield

Parke Bancorp, Inc. Announces Cash Dividend Increase

June 21, 2017 4:10 PM EDT

WASHINGTON TOWNSHIP, N.J., June 21, 2017 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced that, beginning with the quarterly cash dividend to be paid in July 2017, the board approved an increase in the dividend rate from $0.10 per share to $0.12 per share. The dividend will be paid on July 28, 2017, to shareholders of record of the Company as of the close of business on July 14, 2017.  "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