Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock

Rhea-AI Summary

Dime Community Bancshares, Inc. (DCOM) declares a quarterly cash dividend of $0.25 per share of Common Stock, maintaining its streak of uninterrupted dividends.

HAUPPAUGE, N.Y., March 28, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors today declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on April 24, 2024 to common stockholders of record as of April 17, 2024. The Company continues its trend of uninterrupted dividends.

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 $13.6 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.

What dividend amount did Dime Community Bancshares, Inc. (DCOM) declare?

Dime Community Bancshares, Inc. (DCOM) declared a quarterly cash dividend of $0.25 per share of Common Stock.

When is the dividend payable to common stockholders of Dime Community Bancshares, Inc. (DCOM)?

The dividend is payable on April 24, 2024, to common stockholders of Dime Community Bancshares, Inc. (DCOM) of record as of April 17, 2024.

Is this dividend part of a continuous trend for Dime Community Bancshares, Inc. (DCOM)?

Yes, this dividend declaration continues the Company's streak of uninterrupted dividends.