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

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Dime Community Bancshares declares quarterly cash dividend of $0.34375 per share on its Preferred Stock

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• Dime Community Bancshares declares quarterly cash dividend of $0.34375 per share on its Preferred Stock

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HAUPPAUGE, N.Y., Oct. 27, 2023 (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 November 15, 2023 to holders of record as of November 8, 2023.

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 $13.7 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 Dime Community Bancshares?

Dime Community Bancshares declared a quarterly cash dividend of $0.34375 per share on its Preferred Stock.

When will the dividend be payable?

The dividend will be payable on November 15, 2023.

Who will be eligible to receive the dividend?

Holders of record as of November 8, 2023 will be eligible to receive the dividend.