Parke Ban (PKBK) DIvidends Date & History

Key Takeaways

• Parke Bancorp pays a quarterly cash dividend of $0.20 per share, equating to an annualized payout of roughly $0.80 per share.
• The stock's dividend yield is approximately 2.3%, modest but above the average for the broader financial sector.
• The payout ratio sits near 21% to 25% of earnings, signaling a conservative and easily sustainable dividend.
• The company has paid dividends since 2006 and has gradually raised its quarterly payment over time.
• Free cash flow coverage is strong, giving management ample flexibility to maintain or grow the dividend.

Dividend Overview

Parke Bancorp, Inc. (PKBK) is a New Jersey-based bank holding company and the parent of Parke Bank, serving customers across southern New Jersey and the Philadelphia region. The company maintains a consistent, shareholder-friendly dividend policy, distributing cash to investors on a quarterly basis.

Following its most recent increase, the company pays $0.20 per share each quarter, or approximately $0.80 per share annually. At recent share prices, that translates to a dividend yield of roughly 2.3%. This places Parke Bancorp in the category of a modest-yield dividend stock rather than a high-yield or aggressive dividend growth name. For income-focused investors, the appeal lies less in a large yield and more in the reliability of the payment and the low payout ratio that supports it.

Dividend History and Growth

Parke Bancorp has a lengthy track record of returning cash to shareholders, with dividend payments dating back to 2006. The company's quarterly dividend has climbed gradually over the years — from $0.16 per share in the early 2020s to $0.18 per share, and most recently to $0.20 per share announced in mid-2026.

Over the past decade, the dividend per share has grown at a compound annual rate of roughly 10%, though growth has slowed more recently, with a five-year growth rate in the low single digits. This reflects a measured approach: Parke Bancorp tends to raise its payout in small, deliberate increments while prioritizing balance-sheet strength and capital retention. The result is a dividend that has been dependable rather than spectacular, with no significant cuts in recent history.

Dividend Sustainability and Payout Ratio

The most reassuring element of Parke Bancorp's dividend story is its sustainability. The company pays out only about 21% to 25% of its earnings as dividends, a level well below the thresholds that typically raise concern. Free cash flow coverage is similarly strong, with cash-flow-based payout ratios in the mid-20% range or lower in recent periods.

This conservative payout structure means Parke Bancorp retains the large majority of its profits to support loan growth, absorb credit losses, and build capital. As a community bank, its financial stability is tied to asset quality and deposit funding, and the company's low payout ratio provides a meaningful cushion during economic downturns. In short, the dividend is comfortably funded by earnings and cash flow, leaving considerable room for continued payments and future increases.

Dividend Compared to Industry Peers

Within the banking sector, Parke Bancorp's dividend profile is relatively attractive. The broader financial sector average yield has been around 1.3%, meaning PKBK's yield of roughly 2.3% compares favorably to many larger financial institutions. Compared to other regional and community banks, its yield is in line with or slightly above the typical range, while its payout ratio is lower than many peers that stretch payouts to offer higher yields.

Larger regional banks frequently deliver higher absolute dividends but also carry more complex balance sheets and regulatory considerations. Parke Bancorp offers a smaller-yield profile with a conservative payout, which may appeal to investors who value payment stability over maximizing current income.

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Is This Stock Attractive for Dividend Investors?

Parke Bancorp is best suited to income and conservative dividend investors who prioritize reliability over a high yield. Its modest yield of roughly 2.3% and low payout ratio make it an appealing option for those seeking a steady, well-covered quarterly payment backed by a long history of distributions.

Dividend growth investors may find the stock less compelling, given that recent increases have been small and incremental. Likewise, investors seeking aggressive total returns or rapid dividend expansion may prefer faster-growing financial names. However, for long-term, conservative investors who value a community bank with disciplined capital management, strong earnings and cash-flow coverage, and a dependable payout, Parke Bancorp represents a balanced income-oriented holding. As with any single-stock investment, the company's small size and regional concentration should be weighed against its dividend strengths.

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