Dime Community Bancshares Plans Quarterly Dividend of $0.14 (DCOM)
Dime Community Bancshares (NASDAQ:DCOM) declared a quarterly dividend on Wednesday, January 23rd. Shareholders of record on Wednesday, February 6th will be given a dividend of $0.14 per share on Wednesday, February 13th. This represents a $0.56 dividend on an annualized basis and a yield of 3.92%.
On the ratings front, analysts at Raymond James upgraded shares of Dime Community Bancshares from an “underperform” rating to an “outperform” rating in a research note to investors on Friday, October 26th.
Two investment analysts have rated the stock with a buy rating, one has given an overweight rating, and six have issued a hold rating to the company. The stock currently has an average rating of “overweight” and an average price target of $15.29.
Shares of Dime Community Bancshares (DCOM) traded down 1.72% during mid-day trading on Wednesday, hitting $13.975. Dime Community Bancshares (DCOM) has a 52 week low of $12.56 and a 52 week high of $15.01. The stock’s 50-day moving average is currently $14.00. The company has a market cap of $480.9 million and a P/E ratio of 10.49.
Dime Community Bancshares, Inc. is the parent company of The Dime Savings Bank of Williamsburgh (the Bank), a federally-chartered stock savings bank.
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