Dime Commercial Bancshares (DCBG) sets Series A preferred dividend
Rhea-AI Filing Summary
Dime Commercial Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on August 14, 2026 to holders of record as of August 7, 2026.
The company is the holding company for Dime Commercial Bank, a New York State-charted trust company with approximately $15 billion in assets and the number one deposit market share on Greater Long Island among commercial banks with less than $20 billion in assets across Kings, Queens, Nassau and Suffolk counties.
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8-K Event Classification
Key Figures
Key Terms
Non-Cumulative Perpetual Preferred Stock financial
Private Securities Litigation Reform Act of 1995 regulatory
forward-looking statements regulatory
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FAQ
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 8.01 Other Events
On July 23, 2026, the Registrant 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 14, 2026 to holders of record as of August 7, 2026. The text of the press release is attached as Exhibit 99.1 and is incorporated herein by reference. Exhibit 99.1 to this report is being “furnished” to the SEC and shall not be deemed “filed” for any purpose.
Item 9.01 Financial Statements and Exhibits
| (d) | (d) Exhibits |
99.1 | Press Release of the Registrant, dated July 23, 2026. | |
104 | Cover Page Interactive Data File (formatted as inline XBRL) | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Dime Commercial Bancshares, Inc. (Registrant) | ||
DATE: July 23, 2026 | /s/ Avinash Reddy | |
Avinash Reddy | ||
Senior Executive Vice President, Chief Operating Officer and Chief Financial Officer | ||
EXHIBIT 99.1
Dime Commercial Bancshares Declares Quarterly Cash Dividend for
Series A Preferred Stock
Hauppauge, NY – July 23, 2026 – Dime Commercial Bancshares, Inc. (NYSE: DCOM, DCOM PR and DCBG) (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 14, 2026 to holders of record as of August 7, 2026.
ABOUT DIME COMMERCIAL BANCSHARES, INC.
Dime Commercial Bancshares, Inc. is the holding company for Dime Commercial Bank, a New York State-charted trust company with approximately $15 billion in assets and the number one deposit market share on Greater Long Island (1).
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 commercial 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.