Business Context and Reporting Period
Company: PARKE BANCORP, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: December 19, 2023
Event: Declaration of a cash dividend.
Key Financial Metrics
This filing does not contain comprehensive financial statements. The only specific financial metric disclosed is the dividend declaration:
- Dividend Amount: $0.18 per share
- Record Date: January 3, 2024
- Payment Date: January 17, 2024
Revenue, profit, cash flow, margins, debt, and liquidity figures are not provided in this document.
Material Changes
The filing reports a corporate action (dividend declaration) rather than a change in financial performance compared to a prior period. No comparative financial data is included.
Guidance, Outlook, and Risks
The filing references a press release (Exhibit 99.1) for further information but does not contain management commentary, future guidance, risk factors, or contingencies within the text provided.
Investor Verification Checklist
- Verify the total number of outstanding shares to calculate the aggregate dividend payout.
- Review the referenced press release (Exhibit 99.1) for context on the dividend decision.
- Confirm the company's liquidity position in the most recent 10-Q or 10-K to assess the sustainability of the dividend.
- Check the stock price on the record date (January 3, 2024) to determine eligibility for the payment.