Business Context and Reporting Period
Company: PARKE BANCORP, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: September 24, 2019
Event: Declaration of quarterly 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: $0.16 per share
- Record Date: October 11, 2019
- Payment Date: October 25, 2019
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 or operational status compared to prior periods. No comparative financial data is included.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It strictly reports the Board of Directors' decision to declare a dividend.
Investor Verification Checklist
- Verify the ex-dividend date to determine eligibility for the $0.16 per share payment.
- Confirm the record date of October 11, 2019, for shareholder eligibility.
- Review the attached press release (Exhibit 99) for any additional context regarding the dividend policy.
- Consult the company's most recent 10-Q or 10-K for full financial performance metrics not included in this 8-K.