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

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) declared a quarterly dividend on Monday, April 29th, Wall Street Journal reports. Investors of record on Wednesday, May 8th will be paid a dividend of 0.3438 per share on Wednesday, May 15th. This represents a $1.38 annualized dividend and a yield of 8.00%. The ex-dividend date is Tuesday, May 7th.

Dime Community Bancshares Stock Performance

DCOMP traded down $0.01 during midday trading on Monday, reaching $17.19. The company’s stock had a trading volume of 4,455 shares, compared to its average volume of 9,382. Dime Community Bancshares has a twelve month low of $13.20 and a twelve month high of $19.10. The company has a fifty day simple moving average of $16.96 and a 200 day simple moving average of $16.88.

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.