Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock
Dime Community Bancshares (Nasdaq: DCOM) has announced a quarterly cash dividend of $0.25 per share of Common Stock.
Rhea-AI Summary
Dime Community Bancshares (Nasdaq: DCOM) has announced a quarterly cash dividend of $0.25 per share of Common Stock. The dividend is payable on October 24, 2024, to common stockholders of record as of October 17, 2024. This announcement continues the company's trend of uninterrupted dividends, demonstrating its commitment to providing consistent returns to shareholders. The decision was made by the company's Board of Directors, reflecting their confidence in Dime Community Bancshares' financial stability and ongoing ability to generate shareholder value.
Positive
- Consistent dividend payment, maintaining uninterrupted dividend trend
- Quarterly cash dividend of $0.25 per share declared
Negative
- None.
Details
News Market Reaction – DCOM
The recorded move for DCOM in the trading session of this news was +0.36%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
HAUPPAUGE, N.Y., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of
ABOUT DIME COMMUNITY BANCSHARES, INC.
Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over
Dime Community Bancshares, Inc.
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: avinash.reddy@dime.com
¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than
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