Business Context and Reporting Period
Company: PARKE BANCORP, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: September 22, 2020
Reporting Period: Event date of September 22, 2020
This filing reports a corporate action regarding a cash dividend declaration by the Board of Directors.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial figure disclosed is the dividend amount.
- Dividend Declared: $0.16 per share
- Record Date: October 9, 2020
- Payment Date: October 23, 2020
Material Changes
The filing does not contain comparative financial data or material changes to the company's financial position versus prior periods. It solely announces the declaration of a quarterly dividend.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, specific risk factors, or contingencies. It references a press release (Exhibit 99.1) for further information but does not include the text of that release within this document.
Investor Verification Checklist
- Verify the ex-dividend date to determine eligibility for the $0.16 per share payment.
- Confirm the record date of October 9, 2020, for shareholder eligibility.
- Review the referenced press release (Exhibit 99.1) for any additional context regarding the dividend decision.
- Check subsequent filings for the actual payment of the dividend on October 23, 2020.