Parke Ban (PKBK) DIvidends Date & History

Key Takeaways

• Parke Bancorp (PKBK) pays a quarterly dividend of $0.18 per share — recently raised to $0.20 — translating to an annual dividend of $0.72 and a current yield of approximately 2.23%.
• The dividend is supported by a very conservative payout ratio of roughly 21%, meaning the bank retains nearly four-fifths of its earnings for growth, loan reserves, and share buybacks.
• The company has paid uninterrupted quarterly dividends for well over a decade, with a 10-year compound annual dividend growth rate near 10.6%.
• Free cash flow of roughly $39 million in fiscal 2025 dwarfs the approximately $8.5 million spent on dividends, signaling strong coverage and ample room for future increases.
• With a beta of 0.51 and a low P/E ratio around 8.5, PKBK offers income-oriented investors a combination of value, stability, and a steady — though not flashy — dividend.

Dividend Overview

Parke Bancorp, Inc., the holding company for Parke Bank, is a community-focused commercial bank serving southern New Jersey and the Philadelphia metropolitan area. The bank generates revenue primarily through commercial real estate lending, construction loans, and traditional retail banking. From a dividend perspective, PKBK falls into the category of a modest-yield, conservatively managed regional bank — not a high-flying dividend growth name, but one with a remarkably consistent payout record.

As of mid-2026, PKBK pays a quarterly cash dividend of $0.18 per share, with the most recent increase to $0.20 declared for the July 2, 2026 payment. Based on an annualized dividend of $0.72, the stock's dividend yield sits at approximately 2.23%. Dividends are paid quarterly, with recent pay dates landing in January, April, July, and October. The most recent ex-dividend date was July 2, 2026, and the payment date was July 17, 2026.

Dividend History and Growth

Parke Bancorp has built a solid reputation for dividend reliability over the past two decades. The company has paid regular quarterly dividends since at least 2006, navigating the 2008 financial crisis and the 2020 pandemic without a single cut. This track record is notable for a bank of its size — the company operates with a market capitalization of roughly $365 million, placing it firmly in the small-cap universe.

The dividend trajectory tells a story of steady, long-term compounding. In 2014, the annual dividend was approximately $0.14 per share. By 2026, it had risen to $0.72 — representing a compound annual growth rate (CAGR) of roughly 10.6% over the past decade. However, the pace of increases has moderated in recent years. The quarterly dividend held at $0.18 from the third quarter of 2022 through early 2026 before the modest bump to $0.20. This flattening reflects management's prudent response to the higher interest rate environment and its impact on net interest margins. Unlike larger banks that prioritize aggressive dividend growth, Parke Bancorp appears to favor capital preservation and gradual, sustainable increases over time.

Dividend Sustainability and Payout Ratio

Parke Bancorp's dividend ranks among the most sustainably structured in the regional banking space. The payout ratio — dividends paid as a percentage of net income — stands at roughly 21% based on trailing twelve-month earnings. For context, this is well below the regional banking industry average and substantially lower than the broader financial services sector median. A payout ratio this low gives management significant flexibility: the bank can maintain the dividend even if earnings face moderate headwinds, while still retaining ample capital to support loan growth, weather credit deterioration, and repurchase shares.

Free cash flow coverage further reinforces the dividend's durability. In fiscal 2025, Parke Bancorp generated approximately $39 million in free cash flow while paying roughly $8.5 million in annual dividends — a dividend-to-free-cash-flow coverage ratio of only about 22%. The bank's capital position is also solid, with an equity-to-asset ratio of approximately 14%, comfortably above the industry median of 10%. Diluted earnings per share (EPS) of $3.16 in fiscal 2025 provides more than 17 times coverage of the $0.18 quarterly dividend, underscoring the wide margin of safety. While the bank's loan book is heavily concentrated in commercial real estate — a potential risk factor — the conservative payout ratio acts as a buffer against economic softening in that sector.

Dividend Compared to Industry Peers

Within the regional and community banking sector, Parke Bancorp's dividend profile is competitive but not market-leading. The stock's 2.23% yield sits slightly below the regional banking industry average of roughly 2.8%. Nearby peers such as ConnectOne Bancorp (CNOB) offer a comparable yield around 2.6%, while Mercantile Bank (MBWM) yields roughly 3.0% with a longer dividend growth streak. Home Bancorp (HBCP) yields around 2.1% with a 10-year consecutive increase track record, and First Business Financial Services (FBIZ) offers a lower yield near 2.1% but with 13 consecutive years of dividend growth.

Where PKBK distinguishes itself is the payout ratio. At roughly 21%, it is among the lowest in its peer group, meaning the company retains more earnings than most competitors. This conservative approach may appeal to investors who prioritize safety and future dividend growth potential over maximum current income. The bank's 10-year dividend CAGR of approximately 10.6% also places it favorably in a historical growth context, even if recent increases have been more measured.

AI Screener

For investors seeking to identify dividend-paying stocks like Parke Bancorp among thousands of publicly traded companies, Tickeron's AI Screener offers a powerful solution. This AI-driven stock and ETF discovery tool enables traders and investors to filter the market using customizable criteria including industry classification, market capitalization, technical indicators, price patterns, volatility metrics, and AI-generated trading signals. Whether screening for high-yield dividend stocks, income-focused investments, breakout candidates, or stocks exhibiting specific technical formations, the AI Screener streamlines the research process and helps surface opportunities that manual screening might miss. Users can scan thousands of equities across all sectors and tailor searches to match their investment objectives efficiently.

Is This Stock Attractive for Dividend Investors?

Parke Bancorp is best suited for a specific type of dividend investor: those who value consistency, capital preservation, and modest long-term compounding over maximum current yield. The stock's 2.23% yield will not satisfy investors hunting for high income — many larger regional banks and alternative income vehicles offer higher payouts. However, the exceptionally low payout ratio, strong free cash flow coverage, and multi-decade track record of uninterrupted payments make PKBK an appealing candidate for conservative income investors and those building diversified dividend portfolios with a focus on sustainability.

Dividend growth investors may find the recent deceleration in annual increases somewhat disappointing, though the July 2026 bump to $0.20 per quarter signals that management is still committed to gradual raises. The bank's small size, geographic concentration, and heavy exposure to commercial real estate lending introduce risks that investors must weigh carefully. That said, PKBK's below-average volatility (beta of 0.51), low valuation multiples, and disciplined capital allocation provide a reasonable margin of safety. For long-term, patient investors who prioritize dividend reliability and modest growth over headline yield, Parke Bancorp presents a balanced, income-generating holding within the regional banking space.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations