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Parke Bancorp (Parke Bancorp) Forward Dividend Yield %

: 4.35% (As of Today)
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As of today (2024-04-20), the Forward Annual Dividend Yield of Parke Bancorp is 4.35%.

As of today (2024-04-20), the Trailing Annual Dividend Yield of Parke Bancorp is 4.35%.

PKBK's Forward Dividend Yield % is ranked better than
53.52% of 1166 companies
in the Banks industry
Industry Median: 4.19 vs PKBK: 4.35

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.


Competitive Comparison

For the Banks - Regional subindustry, Parke Bancorp's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Forward Dividend Yield % Distribution

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

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



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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.72/16.39
=4.39 %

Current Share Price is $16.39.
Parke Bancorp's Dividends per Share for the forward twelve months is calculated as $0.18 * 4 = $0.72.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.72/16.39
=4.39 %

Current Share Price is $16.39.
Parke Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $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) Forward 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 Forward Dividend Yield % Related Terms

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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

Parke Bancorp (Parke Bancorp) Headlines

From GuruFocus

PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND

By PRNewswire 09-20-2023

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Parke Bancorp, Inc. Announces Cash Dividend

By PRNewswire PRNewswire 09-24-2020

PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND

By PRNewswire PRNewswire 12-15-2021

PARKE BANCORP, INC. ANNOUNCES CASH DIVIDEND

By PRNewswire 12-20-2023

Parke Bancorp, Inc. Announces Cash Dividend

By PRNewswire PRNewswire 07-02-2020

Parke Bancorp, Inc. Announces Cash Dividend

By PRNewswire PRNewswire 03-31-2020