PARKE BANCORP, INC. 8-K
Research Summary
AI-generated summary
Parke Bancorp, Inc. Declares $0.20 Cash Dividend
What Happened
Parke Bancorp, Inc. announced on June 18, 2026, that its board declared a cash dividend of $0.20 per share. The dividend is payable on July 17, 2026, to shareholders of record as of the close of business on July 3, 2026. The announcement was included in a press release filed as Exhibit 99.1 to the Company’s Form 8-K.
Key Details
- Dividend amount: $0.20 per share.
- Record date: Close of business on July 3, 2026.
- Payment date: July 17, 2026.
- Announcement date / Form 8-K filed: June 18, 2026 (press release Exhibit 99.1).
Why It Matters
A declared cash dividend provides a direct cash return to shareholders and signals the company is returning capital rather than retaining it for reinvestment. For income-focused investors, the $0.20 per share payment and the specified record and payment dates are the practical details needed to determine eligibility and timing for receipt.
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