Parke Bancorp, Inc. (PKBK) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 5.76 years, PKBK has averaged an annual trailing twelve month dividend growth rate of 9.38%.
- PKBK reports a compound annual dividend growth rate of 0.31% over the past 5.76 years.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with PKBK that may be suitable potential portfolio mates: CPB, CHRW, ENIC, LITE and FNV.
PKBK Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $21.23 | $75.64 | 214.26% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of PKBK, the DDM model, as implemented by StockNews, implies a positive return of 214.26% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Parke Bancorp Inc are:
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of 214.26%, based on the stock's current share price and target price based on a dividend discount model, is greater than 83.27% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, PKBK has a discount rate lower than 83.27% of them (a lower discount rate is associated with lower risk).
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for PKBK, approximately 87.01% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
- As other dividend issuers in the Financial Services sector, Parke Bancorp Inc has an equity discount rate lower than 91.25% of them.
PKBK Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-10-04 | Dividend | $0.18 | -- |
| 2024-07-05 | Dividend | $0.18 | -- |
| 2024-04-04 | Dividend | $0.18 | -- |
| 2024-01-02 | Dividend | $0.18 | -- |
| 2023-09-29 | Dividend | $0.18 | -- |
| 2023-07-07 | Dividend | $0.18 | -- |
| 2023-04-06 | Dividend | $0.18 | -- |
| 2023-01-03 | Dividend | $0.18 | -- |
| 2022-09-08 | Dividend | $0.18 | +12.50% |
| 2022-07-01 | Dividend | $0.16 | -- |
| 2022-04-05 | Dividend | $0.16 | -- |
| 2022-01-04 | Dividend | $0.16 | -- |
| 2021-10-05 | Dividend | $0.16 | -- |
| 2021-07-02 | Dividend | $0.16 | -- |
| 2021-05-03 | Dividend | $0.16 | -- |
| 2021-01-29 | Dividend | $0.16 | -- |
| 2020-10-08 | Dividend | $0.16 | -- |
| 2020-07-09 | Dividend | $0.16 | -- |
| 2020-04-08 | Dividend | $0.16 | +1,073.33% |
| 2020-02-14 | Split | 11-10-for-1 Stock Split | N/A |
| 2020-01-09 | Dividend | $0.15 | -9.38% |
| 2019-10-10 | Dividend | $0.16 | -- |
| 2019-07-11 | Dividend | $0.16 | +14.29% |
| 2019-04-10 | Dividend | $0.14 | -- |
| 2019-01-10 | Dividend | $0.14 | -- |
| 2018-10-11 | Dividend | $0.14 | -- |
| 2018-07-12 | Dividend | $0.14 | -- |
| 2018-05-04 | Dividend | $0.14 | +1,183.33% |
| 2018-04-18 | Split | 11-10-for-1 Stock Split | N/A |
| 2018-04-12 | Dividend | $0.12 | -- |
| 2018-01-11 | Dividend | $0.12 | -- |
| 2017-10-12 | Dividend | $0.12 | -- |
| 2017-07-12 | Dividend | $0.12 | -- |
| 2017-05-26 | Dividend | $0.12 | +20.00% |
| 2017-04-11 | Dividend | $0.10 | -- |
| 2017-01-12 | Dividend | $0.10 | +25.00% |
| 2016-10-12 | Dividend | $0.08 | -- |
| 2016-07-13 | Dividend | $0.08 | -- |
| 2016-04-13 | Dividend | $0.08 | +14.29% |
| 2016-01-13 | Dividend | $0.07 | -- |
| 2015-10-13 | Dividend | $0.07 | +16.67% |
| 2015-07-13 | Dividend | $0.06 | -- |
| 2015-04-14 | Dividend | $0.06 | +20.00% |
| 2015-01-14 | Dividend | $0.05 | -- |
| 2014-10-09 | Dividend | $0.05 | -- |
| 2014-07-11 | Dividend | $0.05 | -75.00% |
| 2006-12-08 | Dividend | $0.20 | -- |
PKBK Dividends vs. Peers
PKBK's dividend yield currently ranks #105 of 111 vs. its peers in the Northeast Regional Banks category.
Looking for More Information on PKBK dividends?
Want to do more research on Parke Bancorp Inc's dividends? Try the links below:Parke Bancorp Inc Common Stock (PKBK) Dividend History | Nasdaq
Dividend History for Parke Bancorp Inc (PKBK) - Dividend Investor
Parke Bancorp Inc (PKBK) Dividend History - Seeking Alpha