Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock and Common Stock
April 23 2020 - 2:45PM
Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”)
announced that its Board of Directors has declared a quarterly cash
dividend of $0.38 per share of Series A Preferred Stock, payable on
May 15, 2020, and $0.14 per share of Common Stock, payable on May
13, 2020, to all stockholders of record as of May 6, 2020.
This dividend is the first quarterly cash dividend to be paid to
holders of the Company’s Series A Preferred Stock, and the 92nd
consecutive quarterly cash dividend to be paid to holders of the
Company’s Common Stock.
ABOUT DIME COMMUNITY BANCSHARES,
INC.
The Company had $6.35 billion in consolidated
assets as of December 31, 2019. Dime Community Bank (the “Bank”),
the Company’s wholly owned subsidiary, was founded in 1864, is
headquartered in Brooklyn, New York, and currently has 28 retail
branches located throughout Brooklyn, Queens, the Bronx, Nassau and
Suffolk Counties, New York. More information on the Company and the
Bank be found on the Company's website at www.dime.com.
Contact: Avinash Reddy, Senior
Executive Vice President – Chief Financial Officer, 718-782-6200,
extension 5909.
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