Business Context and Reporting Period
Company: PARKE BANCORP, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: June 24, 2014
Event: Declaration of cash dividend by the Board of Directors.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document solely addresses a corporate action regarding shareholder distributions.
Material Changes
No material changes to financial performance or operations are reported in this filing. The only reported event is the declaration of a dividend.
Guidance, Outlook, and Management Commentary
Dividend Declaration:
- Amount: $0.05 per share
- Record Date: July 15, 2014
- Payment Date: July 31, 2014
Investor Verification Checklist
- Verify the ex-dividend date to determine eligibility for the $0.05 per share payment.
- Confirm the record date of July 15, 2014, for shareholder eligibility.
- Review the referenced press release (Exhibit 99.1) for any additional context regarding the dividend policy.