Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock

Rhea-AI Summary

Dime Community Bancshares, Inc. (Nasdaq: DCOM) has declared a quarterly cash dividend of $0.24 per share, scheduled for payment on October 25, 2021. Shareholders of record as of October 18, 2021 will receive this dividend, continuing the Company's trend of uninterrupted dividends. With over $12.7 billion in assets, Dime Community Bank holds the top deposit market share among community banks in Greater Long Island.

Positive

• Declared quarterly cash dividend of $0.24 per share.
• Continues trend of uninterrupted dividends.
• Over $12.7 billion in assets.
• Top deposit market share among community banks in Greater Long Island.

Negative

• None.

HAUPPAUGE, N.Y., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors today declared a quarterly cash dividend of $0.24 per share of Common Stock, payable on October 25, 2021 to common stockholders of record as of October 18, 2021. 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 $12.7 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 declared by DCOM?

Dime Community Bancshares declared a dividend of $0.24 per share.

When will DCOM pay its dividend?

The dividend will be paid on October 25, 2021.

What is the record date for DCOM's dividend?

The record date for the dividend is October 18, 2021.

What is Dime Community Bancshares' market share?

Dime Community Bank has the number one deposit market share among community banks in Greater Long Island.