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

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) announced a quarterly dividend on Friday, January 24th,Wall Street Journal reports. Investors of record on Thursday, February 6th will be paid a dividend of 0.3438 per share on Thursday, February 13th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 6.69%. The ex-dividend date is Thursday, February 6th.

Dime Community Bancshares Trading Up 0.5 %

NASDAQ:DCOMP opened at $20.55 on Friday. The company’s 50-day moving average is $19.63 and its two-hundred day moving average is $19.45. Dime Community Bancshares has a 1-year low of $14.86 and a 1-year high of $21.44.

About Dime Community Bancshares

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.