PARKE BANCORP, INC. 8-K

What Happened
PARKE BANCORP, INC. announced on March 25, 2026 that its board declared a cash dividend of $0.18 per share. The dividend is payable on April 17, 2026 to shareholders of record at the close of business on April 3, 2026. The company issued a press release on March 25, 2026 reporting the declaration.

Key Details

• Dividend amount: $0.18 per common share.
• Record date: April 3, 2026 (close of business).
• Payable date: April 17, 2026.
• Announcement date: March 25, 2026 (press release issued).

Why It Matters
This cash dividend provides a direct cash return to shareholders and is a concrete example of the company's capital allocation decisions. Investors who hold shares at the close of business on the record date (April 3) will receive the payment on April 17. Retail investors should note the record and payable dates to confirm eligibility and consider the dividend's impact on yield and near-term cash flow.