PARKE BANCORP, INC. current report, 20 June 2017

Business Context and Reporting Period

Company: PARKE BANCORP, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: June 20, 2017
Event: Declaration of quarterly dividend.

Key Financial Metrics

This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on a corporate action regarding shareholder distributions.

Material Changes

  • Dividend Increase: The Board of Directors declared a quarterly dividend of $0.12 per share, representing an increase of $0.02 per share from the previous quarter's dividend of $0.10 per share.

Guidance, Outlook, and Management Commentary

Dividend Details:

  • Record Date: July 14, 2017
  • Payment Date: July 28, 2017
The filing references a press release issued on June 21, 2017, which is incorporated by reference. No specific forward-looking guidance, risk factors, or contingencies are detailed within the text of this 8-K.

Investor Verification Checklist

  • Verify the ex-dividend date to determine eligibility for the $0.12 per share payment.
  • Confirm the payment date of July 28, 2017, for cash flow planning.
  • Review the referenced press release (Exhibit 99) for any additional context regarding the dividend increase.