Parke Bancorp (Parke Bancorp) Dividend Payout Ratio

: 0.27 (As of Dec. 2023)

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Parke Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.27.

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

PKBK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.22 Max: 0.32
Current: 0.31

During the past 13 years, the highest Dividend Payout Ratio of Parke Bancorp was 0.32. The lowest was 0.07. And the median was 0.22.

PKBK's Dividend Payout Ratio is ranked better than
55.85% of 1094 companies
in the Banks industry
Industry Median: 0.33 vs PKBK: 0.31

As of today (2024-04-19), the Dividend Yield % of Parke Bancorp is 4.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Parke Bancorp was 5.57%. The lowest was 0.43%. And the median was 2.45%.

Parke Bancorp's Dividends per Share for the 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 Payout Ratio Historical Data

The historical data trend for Parke Bancorp's Dividend Payout Ratio 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.22

0.26

0.24

0.20

0.31

Parke Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.21	0.20	0.27	2.31	0.27

Competitive Comparison

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

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

* The bar in red indicates where Parke Bancorp's Dividend Payout Ratio falls into.

Parke Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Parke Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.72	/	2.348
	=	0.31

Parke Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.18	/	0.67
	=	0.27

Parke Bancorp (NAS:PKBK) Dividend Payout Ratio Explanation

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.

Parke Bancorp Dividend Payout Ratio Related Terms

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

Parke Bancorp (Parke Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Parke Bancorp Inc (NAS:PKBK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Delsea Drive, Washington Township, NJ, USA, 08080

Website

https://www.parkebank.com

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