Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock

Rhea-AI Summary

Dime Community Bancshares (Nasdaq: DCOM) has announced a quarterly cash dividend for its Series A Preferred Stock. The company's Board of Directors declared a dividend of $0.34375 per share on the 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be paid on August 15, 2025 to shareholders of record as of August 8, 2025.

HAUPPAUGE, N.Y., July 24, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM, DCOMP and DCOMG) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company’s 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on August 15, 2025 to holders of record as of August 8, 2025.

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 $14 billion in assets and the number one deposit market share among community banks on Greater Long Island ⁽¹⁾.

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 $20 billion in assets.

FORWARD-LOOKING STATEMENTS
Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated.

FAQ

What is the dividend amount for Dime Community Bancshares (DCOM) Series A Preferred Stock?

Dime Community Bancshares declared a quarterly cash dividend of $0.34375 per share for its Series A Preferred Stock.

When is the dividend payment date for DCOM Series A Preferred Stock?

The dividend will be paid on August 15, 2025 to shareholders of record as of August 8, 2025.

What is the interest rate on DCOM Series A Preferred Stock?

The Series A Preferred Stock carries a 5.50% Fixed-Rate Non-Cumulative Perpetual interest rate.

Who is eligible to receive the DCOM Series A Preferred Stock dividend?

Shareholders who hold DCOM Series A Preferred Stock as of the record date of August 8, 2025 are eligible to receive the dividend.