Parke Bancorp increases dividend by 14.3 percent in 2019 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Parke Bancorp	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Parke Bancorp	PKBK	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

Parke Bancorp hikes dividend by 14.3%

Wednesday 26 June 2019

Parke Bancorp (PKBK) will raise its quarterly dividend by 14.3 percent to $0.16 per share in 2019. This follows last year's 16.7 percent dividend boost by the bank holding company.

The next dividend is payable on July 26, 2019, to its stockholders of record as of the close of business on July 12, 2019. The new dividend yields 2.7% based on the new annual dividend amount of $0.64 per share and a stock price of $23.49.

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.

Parke Bancorp

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