On March 25, 2026, Parke Bancorp, Inc. (NASDAQ: PKBK) announced the declaration of a cash dividend of $0.18 per share. This dividend is payable on April 17, 2026, to shareholders of record as of the close of business on April 3, 2026. The decision to declare this dividend reflects the company's ongoing commitment to returning value to its shareholders. The Board of Directors anticipates that cash dividends will be paid on a quarterly basis, subject to the company's financial condition and any applicable legal and regulatory restrictions. The announcement is part of Parke Bancorp's strategy to enhance shareholder value while maintaining a strong capital base. The company has been operational since 1999 and has established a solid presence in the New Jersey and Philadelphia markets, focusing on providing personal and business financial services. This dividend declaration is expected to have a small positive effect on the stock price, as it signals financial stability and a commitment to shareholder returns.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.