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Parke Bancorp (Parke Bancorp) Dividend Yield % : 4.38% (As of Apr. 25, 2024)


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What is Parke Bancorp Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Parke Bancorp is 4.38%.

Good Sign:

Parke Bancorp Inc stock dividend yield is close to 3-year high.

The historical rank and industry rank for Parke Bancorp's Dividend Yield % or its related term are showing as below:

PKBK' s Dividend Yield % Range Over the Past 10 Years
Min: 0.43   Med: 2.46   Max: 5.57
Current: 4.38

During the past 13 years, the highest Dividend Yield of Parke Bancorp was 5.57%. The lowest was 0.43%. And the median was 2.46%.

PKBK's Dividend Yield % is ranked better than
55.68% of 1205 companies
in the Banks industry
Industry Median: 3.95 vs PKBK: 4.38

Parke Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.27.

During the past 13 years, the highest Dividend Payout Ratio of Parke Bancorp was 0.37. The lowest was 0.07. And the median was 0.22.

As of today (2024-04-25), the Forward Dividend Yield % of Parke Bancorp is 4.38%.

Parke Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.18.

During the past 12 months, Parke Bancorp's average Dividends Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Parke Bancorp was 72.50% per year. The lowest was 4.80% per year. And the median was 21.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Parke Bancorp Dividend Yield % Historical Data

The historical data trend for Parke Bancorp's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Parke Bancorp Dividend Yield % Chart

Parke Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 4.01 3.01 3.19 3.56

Parke Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.82 4.12 4.42 3.56 4.20

Competitive Comparison of Parke Bancorp's Dividend Yield %

For the Banks - Regional subindustry, Parke Bancorp's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Parke Bancorp's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Parke Bancorp's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Parke Bancorp's Dividend Yield % falls into.



Parke Bancorp Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Parke Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1802024-04-042024-04-052024-04-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802024-01-022024-01-032024-01-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-09-292023-10-022023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-07-072023-07-102023-07-24Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Parke Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.72/16.47
=4.37 %

Current Share Price is $16.47.
Parke Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

Parke Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.72/16.47
=4.37 %

Current Share Price is $16.47.
Parke Bancorp's Dividends per Share for the forward twelve months is calculated as $0.18 * 4 = $0.72.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Parke Bancorp  (NAS:PKBK) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Parke Bancorp Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Parke Bancorp's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Parke Bancorp (Parke Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
601 Delsea Drive, Washington Township, NJ, USA, 08080
Parke Bancorp Inc operates as a commercial bank providing personal and financial services to individuals and small to mid-sized businesses in various states of the USA. The bank offers services such as loan products, deposit services, and other financial products through its retail branches and other channels to its customers. Its lending businesses are commercial real estate lending, residential real estate lending, and construction lending among others. The Company operates one reportable segment of business, community banking.
Executives
Jeffrey H Kripitz director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Vito S Pantilione director, officer: President 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Nicholas J Pantilione officer: SVP & Chief Lending Officer 601 DELSEA DRIVE, SEWELL NJ 08080
Ralph Martin Gallo officer: Executive VP/COO 601 DELSEA DRIVE, SEWELL NJ 08080
Arret F Dobson director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Daniel J Dalton director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Celestino R Pennoni director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Paul E Palmieri officer: SVP & Chief Credit Officer 601 DELSEA DRIVE, SEWELL NJ 08080
Edward Infantolino director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Sheppard Jack C Jr director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
John S Kaufman officer: SVP and CFO 1902 LONG HILL ROAD, MILLINGTON NJ 07946
John F Hawkins officer: CFO/SVP 601 DELSEA DRIVE, SEWELL NJ 08080
Anthony J Jannetti director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Elizabeth A Milavsky officer: Chief Operating Officer/EVP 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Fred G Choate director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080

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