Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock

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Dime Community Bancshares declares quarterly cash dividend of $0.25 per share of Common Stock

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• Dime Community Bancshares declares quarterly cash dividend of $0.25 per share of Common Stock

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HAUPPAUGE, N.Y., June 29, 2023 (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 July 24, 2023 to common stockholders of record as of July 17, 2023. 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 $13.8 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 cash dividend declared by Dime Community Bancshares?

Dime Community Bancshares declared a quarterly cash dividend of $0.25 per share of Common Stock.

When will the cash dividend be payable?

The cash dividend will be payable on July 24, 2023.

Who is eligible for the cash dividend?

Common stockholders of record as of July 17, 2023, are eligible for the cash dividend.

Has Dime Community Bancshares paid dividends consistently?

Yes, the Company continues its trend of uninterrupted dividends.