Parke Bancorp Inc. (PKBK) to Issue Quarterly Dividend of $0.08 on October 31st
Parke Bancorp Inc. (NASDAQ:PKBK) declared a quarterly dividend on Thursday, September 22nd. Shareholders of record on Friday, October 14th will be paid a dividend of 0.08 per share on Monday, October 31st. This represents a $0.32 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Wednesday, October 12th.
Parke Bancorp (NASDAQ:PKBK) opened at 15.08 on Friday. The stock has a market cap of $103.19 million, a P/E ratio of 7.91 and a beta of 0.70. Parke Bancorp has a 52 week low of $10.87 and a 52 week high of $16.68. The firm has a 50-day moving average price of $14.82 and a 200-day moving average price of $13.68.
Parke Bancorp (NASDAQ:PKBK) last posted its quarterly earnings results on Wednesday, July 20th. The company reported $0.97 earnings per share for the quarter. Parke Bancorp had a return on equity of 17.89% and a net margin of 30.68%. On average, equities research analysts predict that Parke Bancorp will post $1.31 EPS for the current year.
About Parke Bancorp
Parke Bancorp, Inc is a bank holding company of Parke Bank (the 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.
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