PARKE BANCORP, INC. 8-K

What Happened

• PARKE BANCORP, INC. (PKBK) announced on April 21, 2026, that its Board of Directors approved a $0.02 increase in the cash dividend for the second fiscal quarter of 2026. The Q2 dividend will be $0.20 per share. The announcement was made via press release (filed as Exhibit 99.1) and disclosed under Regulation FD in a Form 8-K.

Key Details

• Board-approved dividend increase: $0.02.
• New Q2 2026 cash dividend: $0.20 per share.
• Announcement date and filing: April 21, 2026; Form 8-K filed (Item 7.01).
• Press release attached as Exhibit 99.1 to the 8-K.

Why It Matters

• For shareholders, the increase raises the upcoming quarterly cash payout per share (from $0.18 to $0.20 based on the $0.02 increase), directly affecting dividend income.
• A board-authorized dividend increase is a concrete corporate action signaling management’s decision to return more capital to shareholders; investors tracking income, yield, or dividend trend should note the change.