Dime Community Bancshares, Inc. (NASDAQ:DCOMP – Get Free Report)’s share price shot up 0.8% on Thursday . The stock traded as high as $18.74 and last traded at $18.69. 6,660 shares were traded during mid-day trading, a decline of 10% from the average session volume of 7,396 shares. The stock had previously closed at $18.54.
Dime Community Bancshares Stock Performance
The company has a 50 day moving average of $18.44 and a 200-day moving average of $19.07.
Dime Community Bancshares Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Friday, January 16th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Friday, January 16th.
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.
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