Dime Community Bancshares declared a quarterly cash dividend of $0.34375 per share on its preferred stock, payable August 15.

Quiver AI Summary

Dime Community Bancshares, Inc. announced the declaration of a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable on August 15, 2025, to shareholders of record as of August 8, 2025. Dime Community Bancshares, which is the holding company for Dime Community Bank, manages over $14 billion in assets and holds the largest deposit market share among community banks on Greater Long Island. The press release includes a note about forward-looking statements that may involve risks and uncertainties affecting future results.

Potential Positives

• Dime Community Bancshares, Inc. has declared a quarterly cash dividend, indicating strong financial performance and a commitment to returning value to shareholders.
• The company boasts over $14 billion in assets, underscoring its significant size and stability in the banking sector.
• Dime Community Bancshares holds the number one deposit market share among community banks on Greater Long Island, reflecting its strong regional presence and competitiveness.

Potential Negatives

• Declaring a dividend on preferred stock may suggest the company is prioritizing returns to specific classes of investors over broader financial stability or growth, potentially raising concerns among common stockholders.
• The announcement includes a disclaimer about forward-looking statements subject to risks and uncertainties, which could indicate underlying financial vulnerabilities or uncertainties that investors may need to consider.

What is the recent dividend declared by Dime Community Bancshares?

Dime Community Bancshares declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Preferred Stock.

When will the dividend be paid out?

The dividend will be payable on August 15, 2025, to holders of record as of August 8, 2025.

What is the asset size of Dime Community Bancshares?

Dime Community Bancshares, Inc. has over $14 billion in assets.

What market share does Dime Community Bank hold?

Dime Community Bank has the number one deposit market share among community banks on Greater Long Island.

Who can I contact for investor relations at Dime Community Bancshares?

You can contact Avinash Reddy at 718-782-6200, Ext. 5909 or via email at avinash.reddy@dime.com.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

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$DCOM Insider Trading Activity

$DCOM insiders have traded $DCOM stock on the open market 16 times in the past 6 months. Of those trades, 6 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $DCOM stock by insiders over the last 6 months:

• CAPITAL MANAGEMENT, L.L.C. BASSWOOD has made 5 purchases buying 42,045 shares for an estimated $1,150,236 and 6 sales selling 50,315 shares for an estimated $1,407,828.
• RAYMOND A NIELSEN has made 0 purchases and 2 sales selling 5,000 shares for an estimated $144,910.
• AVINASH REDDY (SEVP - CHIEF FINANCIAL OFFICER) has made 1 purchase buying 500 shares for an estimated $9,677 and 1 sale selling 500 shares for an estimated $9,687.

$DCOM Hedge Fund Activity

We have seen 88 institutional investors add shares of $DCOM stock to their portfolio, and 88 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• UBS GROUP AG removed 463,498 shares (-70.9%) from their portfolio in Q1 2025, for an estimated $12,922,324
• BOSTON PARTNERS removed 456,850 shares (-43.0%) from their portfolio in Q1 2025, for an estimated $12,736,978
• POLARIS CAPITAL MANAGEMENT, LLC removed 397,680 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $11,087,318
• T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 340,046 shares (+16.9%) to their portfolio in Q1 2025, for an estimated $9,480,482
• WELLINGTON MANAGEMENT GROUP LLP added 321,353 shares (+25.3%) to their portfolio in Q1 2025, for an estimated $8,959,321
• MALTESE CAPITAL MANAGEMENT LLC removed 252,473 shares (-83.5%) from their portfolio in Q1 2025, for an estimated $7,038,947
• HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 183,840 shares (-48.1%) from their portfolio in Q1 2025, for an estimated $5,125,459

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$DCOM Analyst Ratings

Wall Street analysts have issued reports on $DCOM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Stephens & Co. issued a "Overweight" rating on 04/23/2025

To track analyst ratings and price targets for $DCOM, check out Quiver Quantitative's $DCOM forecast page.

Full Release

HAUPPAUGE, N.Y., July 24, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM, DCOMP and DCOMG) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company’s 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on August 15, 2025 to holders of record as of August 8, 2025.

ABOUT DIME COMMUNITY BANCSHARES, INC.

Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $14 billion in assets and the number one deposit market share among community banks on Greater Long Island

⁽¹⁾

.

Dime Community Bancshares, Inc.

Investor Relations Contact:

Avinash Reddy

Senior Executive Vice President – Chief Financial Officer

Phone: 718-782-6200; Ext. 5909

Email:

avinash.reddy@dime.com

¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than $20 billion in assets.

FORWARD-LOOKING STATEMENTS

Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated.

This article was originally published on Quiver News, read the full story.