Parke Bancorp (PKBK) Declares $0.16 Quarterly Dividend; 4.9% Yield

Go back to Parke Bancorp (PKBK) Declares $0.16 Quarterly Dividend; 4.9% Yield

Parke Bancorp, Inc. Announces Cash Dividend

March 30, 2020 4:10 PM EDT

WASHINGTON TOWNSHIP, N.J., March 30, 2020 /PRNewswire/ -- Parke Bancorp, Inc. (the "Company") (NASDAQ: PKBK) today announced the declaration of a $0.16 per share cash dividend payable on April 24, 2020, to its stockholders of record as of the close of business on April 10, 2020.

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 on the... More