Parke Ban (PKBK) Scheduled to Pay Dividends on July 24, 2023: A Technical Analysis
Parke Ban Corporation (PKBK) recently announced its decision to pay a dividend of $0.18 per share, with the record date set for July 24, 2023. As a note for investors, the ex-dividend date is confirmed to be July 07, 2023. This aligns with the last dividend payment of the same amount, $0.18 per share, which occurred on April 24, 2023.
Investors often analyze dividend payouts to assess a company's profitability, financial health, and potential return on investment. For PKBK, maintaining a steady dividend suggests stability in their financial operations. Let's dissect these dates and understand their significance for current and potential shareholders.
The ex-dividend date is of particular interest to investors. It's set a few business days before the record date and is fundamentally the deadline for being listed as a shareholder to receive the upcoming dividend. If an investor buys the stock on its ex-dividend date or after, they will not be eligible to receive the next dividend payment. In this case, the dividends would go to the seller.
For PKBK, the ex-dividend date is July 07, 2023. Therefore, investors who wish to receive the upcoming dividend need to purchase the stock before this date.
Steady Dividend Payouts as an Indicator of Stability
Parke Ban’s decision to maintain its dividend rate at $0.18 per share, similar to the previous payout in April, could indicate stability and a strong cash flow position, a factor that income-focused investors might appreciate. However, it is essential to consider this information in conjunction with other financial indicators and the overall market context for a more comprehensive understanding of the company's health.
Dividend Record Date and Payment Date
The record date, July 24, 2023, is the day on which the company reviews its records to determine the shareholders of the company. These shareholders are the ones who will receive the dividend.
Following the record date, the dividend payment date is the day the dividends will actually be distributed to shareholders. For PKBK, this date is also set for July 24, 2023. It's not uncommon for the record and payment dates to be the same, but it's also not a guarantee, as the scheduling can vary based on the company's policies.
Overall, Parke Ban's upcoming dividend payment might attract income-seeking investors. The constant dividend rate also showcases a potentially stable financial situation. However, investors should not base their decision to invest solely on dividend payouts. A comprehensive analysis of the company's earnings results, financial stability, market position, and future growth potential should also be taken into account. Therefore, as always, potential investors are advised to do thorough research or consult with a financial advisor before making any investment decisions.
Momentum Indicator for PKBK turns positive, indicating new upward trend
PKBK saw its Momentum Indicator move above the 0 level on October 28, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 104 similar instances where the indicator turned positive. In of the 104 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PKBK advanced for three days, in of 285 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 61 cases where PKBK's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for PKBK turned negative on October 25, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PKBK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PKBK broke above its upper Bollinger Band on October 16, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for PKBK entered a downward trend on October 18, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PKBK’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.714) is normal, around the industry mean (1.027). P/E Ratio (7.213) is within average values for comparable stocks, (18.596). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.365). Dividend Yield (0.043) settles around the average of (0.058) among similar stocks. P/S Ratio (2.901) is also within normal values, averaging (2.977).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 64, placing this stock slightly better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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a regional bank
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