Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock
Rhea-AI Summary
Dime Community Bancshares (Nasdaq: DCOM) announced a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is payable on November 13, 2025 to holders of record as of November 6, 2025.
This applies to the Company’s Series A preferred stock and specifies the payment and record dates for shareholders.
Positive
- Declared dividend of $0.34375 per Series A preferred share
- Payable on November 13, 2025 to holders of record November 6, 2025
Negative
- Series A shares are non-cumulative, meaning missed dividends are not accrued
News Market Reaction
On the day this news was published, DCOM gained 1.49%, reflecting a mild positive market reaction. Argus tracked a trough of -2.5% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $18M to the company's valuation, bringing the market cap to $1.23B at that time. Trading volume was above average at 1.6x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
HAUPPAUGE, N.Y., Oct. 23, 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
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
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.