Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG) Trading 0% Higher – Time to Buy?

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG)’s share price were up 0% during mid-day trading on Thursday . The stock traded as high as $26.60 and last traded at $26.44. Approximately 8,114 shares were traded during mid-day trading, an increase of 170% from the average daily volume of 3,000 shares. The stock had previously closed at $26.43.

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Trading Up 0.0%

The firm’s fifty day moving average is $26.39 and its 200 day moving average is $26.33.

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a $0.5625 dividend. This represents a $2.25 annualized dividend and a dividend yield of 8.5%. The ex-dividend date was Wednesday, December 31st.

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.