Parke Bancorp(NASDAQ:PKBK) Declares Dividend of $0.0800.

Parke Bancorp (NASDAQ:PKBK) had declared a cash dividend of $0.0800 on Sep 21, 2016. The shares will quote ex-dividend on Oct 12, 2016 and the record date has been fixed for Oct 14, 2016. On Sep 21, 2016 share price, the yield comes out to be 2.0833%. The dividend payable date has been fixed on Oct 31, 2016.

Parke Bancorp (PKBK) made into the market gainers list on Thursdays trading session with the shares advancing 1.30% or 0.2 points. Due to strong positive momentum, the stock ended at $15.56, which is also near the day’s high of $15.96. The stock began the session at $15.96 and the volume stood at 2,293 shares. The 52-week high of the shares is $16.68 and the 52 week low is $9.881818. The company has a current market capitalization of $106 M and it has 68,43,059 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Sep 14, 2016, Jeffrey H Kripitz (director) sold 200 shares at $15.10 per share price.Also, On Aug 12, 2016, Arret F Dobson (director) sold 3,000 shares at $13.55 per share price.On Jun 14, 2016, Vito S Pantilione (CEO) purchased 700 shares at $13.04 per share price, according to the Form-4 filing with the securities and exchange commission.

Parke Bancorp Inc. is a bank holding company of Parke Bank (the Bank). The Bank is a commercial bank. The Bank is a full service bank with focus on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester Atlantic and Cape May Counties in New Jersey and the Philadelphia area in Pennsylvania. The Bank focuses its commercial loan originations on small and mid-sized businesses. The Bank’s commercial loan products include residential and commercial real estate construction loans; working capital loans and lines of credit; demand term and time loans; and equipment inventory and accounts receivable financing. The Bank also offers a range of deposit products to its commercial customers. The Bank also offers contemporary products and services such as debit cards Internet banking and online bill payment.

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