Short Interest in Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG) Decreases By 32.9%

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 2,948 shares, a drop of 32.9% from the January 29th total of 4,395 shares. Based on an average daily volume of 3,287 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 3,287 shares, the short-interest ratio is presently 0.9 days.

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Stock Performance

Shares of DCOMG stock opened at $26.18 on Friday. The business has a fifty day simple moving average of $26.38 and a 200 day simple moving average of $26.33. Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 has a twelve month low of $24.25 and a twelve month high of $26.98.

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a $0.5625 dividend. This represents a $2.25 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date was Wednesday, December 31st.

Dime Community Bancshares, Inc is a bank holding company headquartered in Brooklyn, New York. Through its wholly owned subsidiary, Dime Community Bank, the company provides retail and commercial banking services across the New York metropolitan area. Established in 1864, Dime has expanded from a local savings institution into a regional bank with branches serving customers in Brooklyn, Queens, Staten Island, the Bronx, Manhattan and Westchester County.

The company’s commercial banking operations focus on lending for commercial real estate, including office, retail and multi‐family residential properties, as well as construction and development financing.