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

Rhea-AI Summary

Dime Community Bancshares, Inc. (DCOM) 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 February 15, 2024, to shareholders of record as of February 8, 2024.

HAUPPAUGE, N.Y., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM and DCOMP) (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 February 15, 2024 to holders of record as of February 8, 2024.

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.

FAQ

What is the dividend amount declared by Dime Community Bancshares, Inc. (DCOM)?

The quarterly cash dividend declared by Dime Community Bancshares, Inc. (DCOM) is $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A.

When is the dividend payable to shareholders?

The dividend is payable on February 15, 2024.

Who are eligible to receive the dividend?

Shareholders of record as of February 8, 2024, are eligible to receive the dividend.

What is the ticker symbol for Dime Community Bancshares, Inc.?

The ticker symbol for Dime Community Bancshares, Inc. is DCOM.