Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Announces Dividend Increase – $0.34 Per Share

Dime Community Bancshares, Inc. (NASDAQ:DCOMPGet Free Report) declared a quarterly dividend on Thursday, January 22nd. Investors of record on Friday, February 6th will be given a dividend of 0.3438 per share on Friday, February 13th. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Friday, February 6th. This is a 37.5% increase from Dime Community Bancshares’s previous quarterly dividend of $0.25.

Dime Community Bancshares Trading Down 0.1%

DCOMP opened at $18.94 on Friday. Dime Community Bancshares has a 52-week low of $17.05 and a 52-week high of $20.75. The company has a 50 day moving average of $18.44 and a two-hundred day moving average of $19.05.

Dime Community Bancshares Company Profile

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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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Dividend History for Dime Community Bancshares (NASDAQ:DCOMP)

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