Parke Bancorp

Dividends on Parke Bancorp (PKBK) stocks are a part of the profit that shareholders receive from the company. In order to pay dividends to shareholders and investors, the company must receive a net profit, for further distriburing among shareholders or have free cash flow.

Besides, in order to pay you dividends, it is necessary that the Board of Directors recommends dividends and the closing date of the register. Then at the shareholders' meeting the amount of Parke Bancorp dividends and the date is approved by shareholders.

For receiving Parke Bancorp’s dividends it’s necessary to buy the stocks of the company (PKBK) no more than 2 days before the closing of the register on 05.04.2024, since stock exchange trading takes place in the T+2 mode. Thus, the last date when you need to buy stocks to receive Parke Bancorp dividends will be 03.04.2024

For dividends you can track the date of the last day for purchasing Parke Bancorp stocks (PKBK) in Dividend Calendar.

To receive Parke Bancorp (PKBK) dividends, you must own stocks on the date of preparing the list of persons entitled to receive dividend or the so-called register date.

The register is a list of Parke Bancorp shareholders (PKBK) with information on the number of stocks owned by the investor. Due to the fact that someone is constantly buying and selling company’s stocks on the stock exchange, it is necessary to fix the date of the register.

The closing date of the register for Parke Bancorp (PKBK) dividends was set for 05.04.2024.

Due to the T+2 trading mode, for receiving Parke Bancorp’s dividends you must buy the stocks within at least two working days before the date, so that the last day to buy Parke Bancorp stocks is to be 03.04.2024.

See the event caledar and the dividend calendar, as well as upcoming Parke Bancorp events in order not to miss the dividends.

As a rule, investors receive dividends to a brokerage or bank account within the next 25 working days after the record date – 05.04.2024 at latest! Thus, Parke Bancorp’s dividends should arrive no later than 0.18sDate.

Remember that after the cut-off date, Parke Bancorp’s stocks usually decrease by the amount of the dividend paid per share. When the company is doing well and the market is positive, Parke Bancorp’s dividend gap may be less than the dividend.

By the law, Parke Bancorp is obliged to pay within the next 25 working days from the date of the 05.04.2024. Thus, the deadline for dividend payment on Parke Bancorp stocks can be considered as 0.18sDate, but the company usually pays earlier than 25 working days.

For receiving Parke Bancorp’s dividends, it is enough to buy or to own 1 share. If you buy 100 Parke Bancorp’s stocks, you will receive dividends in the amount of 18 $ for it. Last time, the board of directors recommended to pay 0.18 $ per share.

According to the last recommendations of Parke Bancorp’s board of directors, you will receive 0.18 $ as dividend payment.

The history of Parke Bancorp’s dividend payment is reflected in the Parke Bancorp’s card in the tab Dividends.

The dividend yield of Parke Bancorp’s stocks is the ratio of the dividend amount per share to the current market price, and is expressed as a percentage. Thus, the recommended dividend is 0.18 $, that means that your current dividend yield on Parke Bancorp’s stocks is 1.07%.

It is important to remember that a high dividend yield is not a reason to buy Parke Bancorp stocks! Therefore, before making an investment decision, we recommend to analyze the dynamics of financial indicators and Parke Bancorp’s multipliers. You should also compare rivals, as you may find a much more profitable investment idea.

Lately Parke Bancorp has been paying dividends 4 time a year. See the history of Parke Bancorp’s dividends in order to check and verify the frequency of dividend payments as Parke Bancorp’s dividend policy may change or the company may pay special dividends. The more often a company pays dividends, the more stable the investor's cash flow is.

All information and dividend data for Parke Bancorp stocks you may see on a given page above.