Business Context and Reporting Period
Company: PARKE BANCORP, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: June 18, 2024
Event: Declaration of cash dividend.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. It solely reports a corporate action regarding shareholder distributions.
- Dividend Declared: $0.18 per share
- Record Date: July 5, 2024
- Payment Date: July 19, 2024
Material Changes
The filing does not report material changes to financial performance, operations, or capital structure compared to prior periods, other than the commitment to pay the declared dividend.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or contingencies. It references a press release (Exhibit 99.1) for further details on the dividend announcement.
Investor Verification Checklist
- Verify the number of shares outstanding to calculate the total cash outflow for the dividend.
- Confirm the record date (July 5, 2024) to determine eligibility for the payment.
- Review the referenced press release (Exhibit 99.1) for any additional context regarding the dividend policy.