Dime Community Bancshares (NASDAQ:DCOMP) Stock Price Up 0.1% – Here’s Why

Dime Community Bancshares, Inc. (NASDAQ:DCOMP)’s stock price traded up 0.1% during trading on Tuesday . The company traded as high as $17.40 and last traded at $17.36. Approximately 4,886 shares were traded during trading, a decline of 36% from the average session volume of 7,691 shares. The stock had previously closed at $17.35.

Dime Community Bancshares Stock Down 1.9%

The company’s fifty day simple moving average is $17.57 and its 200-day simple moving average is $18.20.

Dime Community Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 7th were given a $0.3438 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 8.1%.

About Dime Community Bancshares

Dime Community Bancshares (NASDAQ:DCOMP) is the bank holding company for Dime Community Bank, a commercial bank headquartered in Hauppauge, New York. The company specializes in originating and servicing commercial real estate loans, with a primary focus on income-producing multifamily, office, retail and industrial properties. In addition to its lending activities, Dime Community Bancshares offers deposit products, cash management services and treasury solutions to small and medium-sized businesses as well as individual customers across its branch network.

The roots of Dime Community Bancshares trace back to the Dime Savings Bank of Williamsburgh, founded in 1864.