Parke Bancorp (PKBK) will raise its quarterly dividend by 16.7 percent to $0.14 per share in the second quarter of 2018.
The next dividend will be paid in July 2018 and yields 2.1% based on the new annual dividend amount of $0.56 per share.
Parke Bancorp, Inc. is a bank holding company of Parke Bank. The Bank is a full commercial service bank, with focus on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester, Atlantic and Cape May Counties in New Jersey and the Philadelphia area in Pennsylvania.