Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Declares Quarterly Dividend of $0.56 (NASDAQ:DCOMG)

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG) declared a quarterly dividend on Friday, January 1st. Investors of record on Wednesday, December 31st will be given a dividend of 0.5625 per share on Thursday, January 15th. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Wednesday, December 31st.

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Trading Up 0.3%

DCOMG opened at $26.55 on Monday. The firm’s 50 day moving average is $26.21 and its 200-day moving average is $26.41. Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 has a 52-week low of $24.25 and a 52-week high of $27.23.

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.