Parke Bancorp, Inc. (PKBK) to Issue Quarterly Dividend of $0.18 on January 16th

Parke Bancorp, Inc. (NASDAQ:PKBK) announced a quarterly dividend on Tuesday, December 16th. Investors of record on Friday, January 2nd will be given a dividend of 0.18 per share by the bank on Friday, January 16th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, January 2nd.

Parke Bancorp has raised its dividend payment by an average of 0.1%per year over the last three years.

Parke Bancorp Price Performance

NASDAQ PKBK traded up $0.11 during trading on Wednesday, reaching $25.19. The company’s stock had a trading volume of 4,953 shares, compared to its average volume of 25,763. The stock has a market capitalization of $292.05 million, a PE ratio of 8.87 and a beta of 0.53. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a fifty day moving average of $23.08 and a 200 day moving average of $21.94. Parke Bancorp has a one year low of $16.94 and a one year high of $25.76.

Parke Bancorp (NASDAQ:PKBK) last posted its quarterly earnings data on Wednesday, October 22nd. The bank reported $0.89 earnings per share (EPS) for the quarter. The company had revenue of $21.01 million during the quarter. Parke Bancorp had a net margin of 23.95% and a return on equity of 11.07%.

Parke Bancorp Company Profile

Parke Bancorp, Inc is the bank holding company for Parke Bank, a community-oriented financial institution headquartered in Kittanning, Pennsylvania. The company delivers a full range of retail and commercial banking services to individuals, small businesses and agricultural clients through a network of branches and ATMs, supported by secure online and mobile banking platforms.

Its product lineup includes deposit accounts—such as checking, savings, money market accounts and certificates of deposit—alongside a variety of lending solutions.