PKBK Parke Bancorp dividend history, payout ratio & dates
Parke Bancorp's last dividend payment of $0.18 per share was made to shareholders on record before Oct 4, 2024. The dividend payment stands at $0.72 per share annually, which equates to a dividend yield of 3.37%.
Key dates
- PKBK last dividend date: Oct 4, 2024
PKBK dividend stats
vs. Financial Services sector
Dividend yield
Parke Bancorp's dividend yield of 3.37% is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.78%, Parke Bancorp's dividend yield is 21% higher. The current dividend yield is lower than the historical average of 3.8% of the last 5 years.
Dividend history
Parke Bancorp has a dividend history dating as far as 2006, but lately the company has been paying dividends for the last ten consecutive years. According to our records PKBK has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 37% from a year ago, the dividend yield marks a decrease of 27%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 4, 2024 | $0.18 | 3.55% |
| Jul 5, 2024 | $0.18 | 4.64% |
| Apr 4, 2024 | $0.18 | 4.3% |
| Jan 2, 2024 | $0.18 | 3.63% |
| Sep 29, 2023 | $0.18 | 4.42% |
| Jul 7, 2023 | $0.18 | 4.23% |
| Apr 6, 2023 | $0.18 | 4.09% |
| Jan 3, 2023 | $0.18 | 3.34% |
| Sep 8, 2022 | $0.18 | 3.65% |
| Jul 1, 2022 | $0.16 | 3.05% |
| Apr 5, 2022 | $0.16 | 3.47% |
| Jan 4, 2022 | $0.16 | 2.87% |
| Oct 5, 2021 | $0.16 | 2.91% |
| Jul 2, 2021 | $0.16 | 3.27% |
| May 3, 2021 | $0.16 | 3.02% |
| Jan 29, 2021 | $0.16 | 3.7% |
| Oct 8, 2020 | $0.16 | 4.63% |
| Jul 9, 2020 | $0.16 | 5.18% |
| Apr 8, 2020 | $0.16 | 5.11% |
| Jan 9, 2020 | $0.146 | 2.54% |
| Oct 10, 2019 | $0.146 | 2.71% |
| Jul 11, 2019 | $0.146 | 2.47% |
| Apr 10, 2019 | $0.127 | 3.19% |
| Jan 10, 2019 | $0.127 | 3.6% |
| Oct 11, 2018 | $0.127 | 2.91% |
| Jul 12, 2018 | $0.127 | 2.58% |
| May 4, 2018 | $0.127 | 2.81% |
| Apr 12, 2018 | $0.099 | 2.32% |
| Jan 11, 2018 | $0.099 | 2.19% |
| Oct 12, 2017 | $0.099 | 1.92% |
| Jul 12, 2017 | $0.099 | 1.64% |
| Apr 11, 2017 | $0.075 | 1.69% |
| Jan 12, 2017 | $0.075 | 1.73% |
| Oct 12, 2016 | $0.06 | 1.97% |
| Jul 13, 2016 | $0.06 | 2.12% |
| Apr 13, 2016 | $0.055 | 2.09% |
| Jan 13, 2016 | $0.048 | 2.14% |
| Oct 13, 2015 | $0.048 | 1.92% |
| Jul 13, 2015 | $0.041 | 1.76% |
| Apr 14, 2015 | $0.041 | 1.66% |
| Jan 14, 2015 | $0.034 | 1.29% |
Parke Bancorp dividend payout ratio
Payout ratio
Parke Bancorp's payout ratio of 39.6% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 43.2%, Parke Bancorp's payout ratio is 8% lower.
Total amount of dividends paid per financial year (from cash flow)
PKBK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VLY Valley National Bancorp | 4.48% | $0.44 | 62% |
| PKBK Parke Bancorp Inc | 3.37% | $0.72 | 39.6% |
| UNTY Unity Bancorp Inc | 1.28% | $0.51 | 13.3% |
| PGC Peapack Gladstone Financial Corp | 0.6% | $0.2 | 10.6% |
Frequently asked questions
Does Parke Bancorp pay a dividend?
Yes, Parke Bancorp has been paying dividends for the last ten years.
When was PKBK's last dividend?
Parke Bancorp's last dividend ex-date was on Oct 4, 2024. The dividend amount was $0.18 per share.
How much dividend does Parke Bancorp pay (per share)?
PKBK's annualized dividend per share is $0.72.
What is Parke Bancorp's dividend yield?
The current dividend yield of Parke Bancorp is 3.37%.
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 39.6%.
Does Parke Bancorp pay a good dividend?
Parke Bancorp's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.