STOCK TITAN

Dime Community (NYSE: DCOM) declares Series A preferred stock dividend

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Dime Community Bancshares, Inc. reported 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. The dividend is payable on May 15, 2026 to holders of record as of May 8, 2026.

The company, a New York State-chartered trust company with approximately $15 billion in assets and leading community bank deposit market share in Greater Long Island, released these details in a press release furnished as Exhibit 99.1 to the current report.

Positive

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Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Series A preferred dividend $0.34375 per share Quarterly cash dividend declared April 23, 2026
Preferred coupon rate 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A
Dividend payment date May 15, 2026 Payable date for Series A preferred dividend
Dividend record date May 8, 2026 Holders of record eligible for Series A dividend
Total assets Approximately $15 billion Company size as described in the About Dime section
Junior subordinated notes coupon 9.000% Rate on 9.000% Junior Subordinated Notes listed on NYSE
Junior subordinated notes par value $25.00 Par value of 9.000% Junior Subordinated Notes
5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A financial
"a quarterly cash dividend of $0.34375 per share on the Company’s 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A"
record as of financial
"payable on May 15, 2026 to holders of record as of May 8, 2026"
"Record as of" indicates the specific date or point in time when a particular financial figure or statistic was measured or confirmed. It helps investors understand the exact moment when the data was valid, similar to taking a snapshot of a situation. This clarity is important for making accurate comparisons and informed decisions based on the most current or relevant information.
Non-Cumulative financial
"5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A"
Non-cumulative describes a type of dividend or payment right where any missed distributions are not tracked or owed later; if a company skips a payment, investors do not receive that skipped amount in the future. Think of it like a one-time coupon that expires if not used: it can boost potential income when paid, but offers no catch-up protection, so investors face greater income uncertainty and should price in higher risk or lower yield expectations.
Forward-Looking Statements regulatory
"Forward-Looking Statements Statements contained in this news release that are not historical facts"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Emerging growth company regulatory
"405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
0000846617false0000846617us-gaap:SeriesAPreferredStockMember2026-04-232026-04-230000846617us-gaap:CommonStockMember2026-04-232026-04-230000846617dcom:FixedToFloatingRateSubordinatedNotesMember2026-04-232026-04-2300008466172026-04-232026-04-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): April 23, 2026

DIME COMMUNITY BANCSHARES, INC.

(Exact name of the registrant as specified in its charter)

New York

001-34096

11-2934195

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(IRS Employer

Identification No.)

898 Veterans Memorial Highway, Suite 560

 

Hauppauge, New York

11788

(Address of principal executive offices)

(Zip Code)

(631) 537-1000

(Registrant’s telephone number)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 Par Value

DCOM

The New York Stock Exchange

Preferred Stock, Series A, $0.01 Par Value

DCOMPR

The New York Stock Exchange

9.000% Junior Subordinated Notes, $25.00 Par Value

DCBG

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 8.01      Other Events

On April 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 May 15, 2026 to holders of record as of May 8, 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 April 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 Community Bancshares, Inc.

(Registrant)

DATE:  April 23, 2026

/s/ Avinash Reddy

Avinash Reddy

Senior Executive Vice President, Chief Operating Officer and Chief Financial Officer

EXHIBIT 99.1

Graphic

Dime Declares Quarterly Cash Dividend for Series A Preferred Stock

Hauppauge, NY – April 23, 2026 – Dime (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 May 15, 2026 to holders of record as of May 8, 2026.

ABOUT DIME

Dime is 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 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 (DCBG) declare on its Series A preferred stock?

Dime Community Bancshares declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. This applies to investors holding the preferred shares by the specified record date.

When is the Dime Community (DCBG) Series A preferred dividend payable and what is the record date?

The Series A preferred dividend is payable on May 15, 2026 to holders of record as of May 8, 2026. Investors must be on the company’s books at market close on the record date to receive this dividend payment.

Which Dime Community (DCBG) security is affected by the announced dividend?

The dividend applies to Dime’s 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. Common stock and other listed securities, such as its junior subordinated notes, are not referenced in this particular dividend announcement.

How large is Dime Community Bancshares (DCBG) according to the filing?

Dime Community Bancshares is described as a New York State-chartered trust company with approximately $15 billion in assets. It also reports holding the number one deposit market share among community banks on Greater Long Island under the stated criteria.

Where can investors find more details on Dime Community’s (DCBG) dividend announcement?

Further details are provided in a press release furnished as Exhibit 99.1 to the Form 8-K. The exhibit includes the dividend terms and standard forward-looking statements language related to risks and uncertainties affecting future results.

Filing Exhibits & Attachments

5 documents