Dime Community Bancshares Announces Consistent Dividend Payout

Author: Owen Jenkins Updated: 06-26-2025 04:46 PM

Dime Community Bancshares Declares Quarterly Cash Dividend

Dime Community Bancshares, Inc. has proudly announced a quarterly cash dividend of $0.25 per share, affirming its commitment to delivering value to its shareholders. This payout is scheduled for July 24, providing currently invested stockholders the continued benefit of the company’s stability and growth.

Uninterrupted Dividend Distribution

For those following the financial landscape, it’s noteworthy that Dime Community Bancshares has maintained a consistent record of uninterrupted dividends. This long-standing practice sets the company apart among its peers and demonstrates its commitment to returning profits to shareholders even amid changing market conditions.

Company Overview

Dime Community Bancshares, which operates primarily through Dime Community Bank, boasts significant assets exceeding $14 billion. Its reputation within the financial community is underscored by achieving the highest deposit market share among community banks across Greater Long Island. This accomplishment reflects the trust and confidence that clients place in the bank to safeguard and manage their financial assets.

Market Position and Services

With a strategic focus on community banking, Dime has established a portfolio of services that meet the needs of both individual and commercial clients. From personal checking accounts to business loans, Dime Community Bank ensures that it meets a broad spectrum of financial needs in a customer-centered manner. As one of the leaders in the market, they continue to innovate and adapt to evolving economic landscapes.

Investor Relations and Contact Information

For those who wish to learn more about Dime Community Bancshares or have inquiries regarding their investment, they can reach out to the Investor Relations department. Avinash Reddy, Senior Executive Vice President and Chief Financial Officer, serves as the primary contact. He can be reached directly at 718-782-6200, extension 5909, or via email at avinash.reddy@dime.com.

Frequently Asked Questions

What is the amount of the declared cash dividend?

The declared cash dividend is $0.25 per share of Common Stock.

When will the cash dividend be payable?

The cash dividend is scheduled to be payable on July 24.

Who is eligible to receive the dividend?

Common stockholders of record as of July 17 will be eligible to receive the dividend.

How long has Dime Community Bancshares been distributing dividends?

Dime Community Bancshares has a long-standing history of uninterrupted dividend distributions, reflecting its commitment to shareholder returns.

Who can I contact for more information about the company?

For more information, investors can contact Avinash Reddy at 718-782-6200, extension 5909, or by emailing avinash.reddy@dime.com.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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