Dime Community Bancshares declares a $0.25/share quarterly dividend on Mar 28, with an ex-dividend date of Apr 16.

Dime Community Bancshares (DCOM) announced a $0.25 per share quarterly dividend on Mar 28, payable to shareholders of record on Apr 17, with an ex-dividend date of Apr 16. It has reduced dividends by 13.3% annually in the past three years, but increased them for 12 consecutive months. The bank's payout ratio is 35.2%, with analysts predicting $2.80 EPS for the year, allowing for continued dividend coverage.

April 14, 2024
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