Dime Community Bancshares (NASDAQ:DCOMP) Shares Down 0.2% – Time to Sell?

Dime Community Bancshares, Inc. (NASDAQ:DCOMPGet Free Report) shares fell 0.2% during trading on Friday . The company traded as low as $17.37 and last traded at $17.3729. 15,347 shares traded hands during trading, an increase of 100% from the average daily volume of 7,691 shares. The stock had previously closed at $17.3999.

Dime Community Bancshares Stock Down 0.2%

The company’s 50 day simple moving average is $17.78 and its 200 day simple moving average is $18.46.

Dime Community Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, August 7th will be given a $0.3438 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $1.38 annualized dividend and a dividend yield of 7.9%.

About Dime Community Bancshares

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Dime Community Bancshares (NASDAQ:DCOMP) is the bank holding company for Dime Community Bank, a commercial bank headquartered in Hauppauge, New York. The company specializes in originating and servicing commercial real estate loans, with a primary focus on income-producing multifamily, office, retail and industrial properties. In addition to its lending activities, Dime Community Bancshares offers deposit products, cash management services and treasury solutions to small and medium-sized businesses as well as individual customers across its branch network.

The roots of Dime Community Bancshares trace back to the Dime Savings Bank of Williamsburgh, founded in 1864.

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