Parke Bancorp Declares $0.18 Quarterly Dividend
Parke Bancorp, Inc., a New Jersey-based community bank, announced a $0.18 per share cash dividend payable in April. The quarterly payment continues the bank's regular dividend program.
Parke Bancorp, Inc. (NASDAQ: PKBK), a community bank serving New Jersey and Pennsylvania, declared a quarterly cash dividend of $0.18 per share on March 25, 2026. The dividend will be paid to shareholders of record as of April 3, 2026. Read more dividend announcements.
The payment date is scheduled for April 17, 2026. The dividend represents the bank's ongoing commitment to returning capital to shareholders through regular quarterly distributions.
Dividend Details
| Dividend Amount | Record Date | Payment Date |
|---|---|---|
| $0.18 per share | April 3, 2026 | April 17, 2026 |
About the Company
Parke Bancorp operates through its subsidiary Parke Bank, which commenced operations in January 1999. The bank maintains its principal office in Washington Township, New Jersey, and operates seven branch locations across southern New Jersey and Philadelphia.
The company focuses on providing personal and business financial services to individuals and small businesses in Gloucester, Atlantic, and Cape May counties in New Jersey, as well as Philadelphia and surrounding Pennsylvania counties. Parke Bank's deposits are insured by the Federal Deposit Insurance Corporation.
The board noted that it anticipates paying cash dividends on a quarterly basis, though future payments remain subject to board determination based on the company's financial condition and applicable regulatory restrictions.