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

Rhea-AI Summary

Dime Community Bancshares (Nasdaq: DCOM, DCOMP, DCOMG) announced that its Board 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. The dividend is payable on February 13, 2026 to holders of record as of February 6, 2026.

Positive

• Declared cash dividend of $0.34375 per Series A preferred share
• Payment scheduled for February 13, 2026 with clear record date

Negative

• Dividend is non-cumulative, so missed payments are not accrued
• Payment applies only to Series A preferred shares, not common stock

News Market Reaction

-3.10% 4.1x vol

1 alert

-3.10% News Effect

-$46M Valuation Impact

$1.44B Market Cap

4.1x Rel. Volume

On the day this news was published, DCOM declined 3.10%, reflecting a moderate negative market reaction. This price movement removed approximately $46M from the company's valuation, bringing the market cap to $1.44B at that time. Trading volume was very high at 4.1x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

HAUPPAUGE, N.Y., Jan. 22, 2026 (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 February 13, 2026 to holders of record as of February 6, 2026.

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 approximately $15 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 Operating Officer and 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 dividend did Dime Community Bancshares (DCOM) declare for Series A preferred stock on January 22, 2026?

The company declared a quarterly cash dividend of $0.34375 per Series A preferred share.

When is the DCOM Series A preferred dividend payable and what is the record date?

The dividend is payable on February 13, 2026 to holders of record as of February 6, 2026.

Does the DCOM Series A preferred dividend accumulate if missed?

No. The dividend is non-cumulative, so missed payments are not carried forward.

Which shares are eligible for the $0.34375 dividend announced by DCOM?

Only the company's 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A are eligible.

How does the January 22, 2026 dividend announcement affect DCOM common shareholders?

The announcement applies to Series A preferred shares and does not directly change common stock dividends.