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PKBK Parke Bancorp dividend history, payout ratio & dates

Parke Bancorp's last quarterly dividend payment of $0.18 per share was made to shareholders on record before Sep 8, 2022. The dividend payment stands at $0.66 per share annually, which equates to a dividend yield of 3.15%. The latest PKBK stock dividend of $0.18 is an increase from the previous $0.16 distribution, representing a growth of 13%.

Key dates

  • PKBK last dividend date: Sep 8, 2022
  • PKBK next dividend date: Not announced
PKBK dividend stats
DPS
$0.66
Dividend yield
3.15%
Payout ratio
19%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Parke Bancorp current dividend yield

Parke Bancorp's dividend yield of 3.15% is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.95%, Parke Bancorp's dividend yield is 7% higher. The current dividend yield is in line with the historical average of 3.0% of the last 5 years.

Dividend history

What is PKBK dividend payout history and dates

Parke Bancorp has been paying dividends consistently since 2014. According to our records PKBK has issued five quarterly dividends in the last twelve months. The annualized DPS marks an increase of 3.1% since one year ago. And with the stock price down by 3.4% from a year ago, the dividend yield marks an increase of 7%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 8, 2022 Sep 23, 2022 Aug 30, 2022 $0.18 normal
Jul 1, 2022 Jul 19, 2022 Jun 22, 2022 $0.16 normal
Apr 5, 2022 Apr 20, 2022 Mar 24, 2022 $0.16 normal
Jan 4, 2022 Jan 19, 2022 Dec 15, 2021 $0.16 normal
Oct 5, 2021 Oct 20, 2021 Sep 23, 2021 $0.16 normal
Jul 2, 2021 Jul 20, 2021 Jun 23, 2021 $0.16 normal
May 3, 2021 May 18, 2021 Apr 23, 2021 $0.16 normal
Jan 29, 2021 Feb 16, 2021 Jan 20, 2021 $0.16 normal
Oct 8, 2020 Oct 23, 2020 Sep 23, 2020 $0.16 normal
Jul 9, 2020 Jul 24, 2020 Jun 30, 2020 $0.16 normal
Apr 8, 2020 Apr 24, 2020 Mar 27, 2020 $0.16 normal
Jan 9, 2020 Jan 24, 2020 Dec 18, 2019 $0.145 normal
Oct 10, 2019 Oct 25, 2019 Sep 24, 2019 $0.145 normal
Jul 11, 2019 Jul 26, 2019 Jun 25, 2019 $0.145 normal
Apr 10, 2019 Apr 25, 2019 Mar 19, 2019 $0.127 normal
Jan 10, 2019 Jan 25, 2019 Dec 18, 2018 $0.127 normal
Oct 11, 2018 Oct 26, 2018 Sep 25, 2018 $0.127 normal
Jul 12, 2018 Jul 27, 2018 Jun 26, 2018 $0.127 normal
Apr 12, 2018 Apr 27, 2018 Mar 20, 2018 $0.099 normal
Jan 11, 2018 Jan 26, 2018 Dec 19, 2017 $0.099 normal
Oct 12, 2017 Oct 27, 2017 Sep 19, 2017 $0.099 normal
Jul 12, 2017 Jul 28, 2017 Jun 20, 2017 $0.099 normal
Apr 11, 2017 Apr 28, 2017 Mar 21, 2017 $0.075 normal
Jan 12, 2017 Jan 31, 2017 Dec 21, 2016 $0.075 normal
Oct 12, 2016 Oct 31, 2016 Sep 20, 2016 $0.06 normal

Parke Bancorp dividend payout ratio

What is Parke Bancorp dividend payout ratio compared to the sector

Payout ratio

Parke Bancorp's payout ratio of 19% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 30.2%, Parke Bancorp's payout ratio is 37% lower.

Total amount of dividends paid per financial year (from cash flow)

PKBK dividend vs peer dividends

How does PKBK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
VLY Valley National Bancorp 4.07% $0.44 43.6%
PKBK Parke Bancorp Inc 3.15% $0.66 19%
UNTY Unity Bancorp Inc 1.67% $0.42 11.6%
PGC Peapack Gladstone Financial Corp 0.59% $0.2 5.9%

Frequently asked questions

Does Parke Bancorp pay a dividend?

Yes, Parke Bancorp has been paying dividends for the last eight years.

When is Parke Bancorp's next dividend?

Currently PKBK's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2022.

When was PKBK's last dividend?

Parke Bancorp's last dividend ex-date was on Sep 8, 2022. The dividend amount was $0.18 per share.

How much dividend does Parke Bancorp pay (per share)?

PKBK's annualized dividend per share is $0.66.

What is Parke Bancorp's dividend yield?

The current dividend yield of Parke Bancorp is 3.15%.

How often does Parke Bancorp pay dividends?

Parke Bancorp pays four dividends per year.

What is Parke Bancorp's dividend payout ratio?

The dividend payout ratio of Parke Bancorp is 19%.

Does Parke Bancorp pay a good dividend?

Parke Bancorp's dividend yield is higher than the Financial Services sector average.