Dime Community Bancshares, Inc. (NASDAQ:DCOMP) to Issue Quarterly Dividend of $0.34

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) announced a quarterly dividend on Thursday, January 22nd. Shareholders of record on Friday, February 6th will be given a dividend of 0.3438 per share on Friday, February 13th. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Friday, February 6th. This is a 37.5% increase from Dime Community Bancshares’s previous quarterly dividend of $0.25.

Dime Community Bancshares Stock Performance

NASDAQ:DCOMP opened at $18.93 on Friday. The company has a fifty day simple moving average of $18.44 and a two-hundred day simple moving average of $19.05. Dime Community Bancshares has a 52 week low of $17.05 and a 52 week high of $20.75.

Dime Community Bancshares Company Profile

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.