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

Rhea-AI Summary

Dime Community Bancshares (Nasdaq: DCOM) has announced its Board of Directors has declared a quarterly cash dividend for its Series A Preferred Stock. The dividend amount is set at $0.34375 per share on the company's 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The payment is scheduled for May 15, 2025, and shareholders must be on record by May 8, 2025 to receive the dividend.

Positive

• Consistent quarterly dividend payment maintained
• 5.50% Fixed-Rate provides stable income for preferred shareholders

Negative

• None.

HAUPPAUGE, N.Y., April 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 May 15, 2025 to holders of record as of May 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.

FAQ

What is the dividend amount for Dime Community Bancshares Series A Preferred Stock in Q2 2025?

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

When is the ex-dividend date for DCOM Series A Preferred Stock Q2 2025 dividend?

Shareholders must be on record by May 8, 2025 to receive the dividend payment scheduled for May 15, 2025.

What is the annual yield of DCOM Series A Preferred Stock?

The Series A Preferred Stock is a 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock.

How often does DCOM pay dividends on its Series A Preferred Stock?

DCOM pays dividends on its Series A Preferred Stock on a quarterly basis.