Dime Community Bancshares Announces Upcoming Cash Dividend Payout
Dime Community Bancshares Declares Quarterly Cash Dividend
Dime Community Bancshares, Inc. has officially announced the declaration of a quarterly cash dividend. This marks a continued commitment to rewarding its shareholders, reflecting financial health and stability within the company. The Board of Directors has approved a dividend of $0.25 per share for common stockholders, emphasizing the company's dedication to maintaining consistent returns.
Details of the Cash Dividend
Shareholders can expect to receive this dividend on April 24, with eligibility extending to those recorded as common stockholders by April 17. This payout is emblematic of Dime Community Bancshares' strong performance and its dedication to delivering value to investors.
About Dime Community Bancshares, Inc.
Dime Community Bancshares operates as a holding company for Dime Community Bank, which is a New York State-chartered trust company. It has amassed over $14 billion in assets, placing it as a significant player in the financial sector. This company takes pride in its position as the leading deposit market share holder among community banks on Greater Long Island.
Investing in Community Growth
With a strong focus on community banking, Dime Community Bancshares not only prioritizes financial growth but also aims to foster community relationships through its services. The bank's commitment to local economies is reflected in its operational strategies and customer engagement initiatives.
Contact Information
For those interested in more details regarding Dime Community Bancshares, please reach out to their investor relations contact:
Avinash Reddy
Senior Executive Vice President – Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: avinash.reddy@dime.com
Frequently Asked Questions
What is the declared cash dividend for common stockholders?
The declared cash dividend is $0.25 per share.
When will the dividend be paid out?
The dividend will be paid on April 24.
What date must shareholders be on record to receive the dividend?
Shareholders must be on record by April 17 to qualify for the dividend.
How has Dime Community Bancshares performed financially?
Dime Community Bancshares has demonstrated strong financial growth, reflected in its ability to consistently pay dividends.
Who can I contact for more information about the company?
For more information, you can contact Avinash Reddy, the Senior Executive Vice President and CFO, at the provided phone number or email.
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