Dime Community Bancshares, Inc. (NASDAQ:DCOMP – Get Free Report)’s stock price traded down 0.7% during trading on Wednesday. The stock traded as low as $16.48 and last traded at $16.54. 12,279 shares were traded during mid-day trading, an increase of 60% from the average daily volume of 7,691 shares. The stock had previously closed at $16.65.
Dime Community Bancshares Stock Performance
The stock has a 50 day simple moving average of $17.22 and a 200 day simple moving average of $17.91.
Dime Community Bancshares Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, August 7th were given a dividend of $0.3438 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.38 annualized dividend and a yield of 8.2%.
About Dime Community Bancshares
Dime Community Bancshares, Inc is the holding company for Dime Community Bank, a community banking institution serving customers in the New York metropolitan area. The bank provides deposit accounts, residential and commercial real estate loans, commercial and industrial financing, small-business banking, and other traditional banking products and services for individuals, businesses, and institutions.
The company has a particular focus on relationship-based banking and real estate lending, including multifamily, commercial, and residential properties.
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