- Dime Community Bancshares (DCOM, Financial) declares quarterly dividend of $0.34375 per share for Series A Preferred Stock.
- Payment scheduled for May 15, 2025, for shareholders on record by May 8, 2025.
- Series A Preferred Stock offers a 5.50% fixed-rate yield, providing stable income.
Dime Community Bancshares, Inc. (DCOM) has announced a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. This dividend is a reaffirmation of the company's ongoing commitment to providing stable returns to its investors.
The dividend will be payable on May 15, 2025, and to be eligible, shareholders must ensure they are registered by the close of business on May 8, 2025. This announcement highlights the consistent income stream available to holders of the Series A Preferred Stock.
Dime Community Bancshares, a New York State-chartered trust company, continues to maintain a strong market presence with over $14 billion in assets and the leading deposit market share among community banks in Greater Long Island. This dividend declaration is part of the company's strategy to reinforce investor confidence and shareholder value.
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