Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock, Payable on October 24, 2023
September 28, 2023 at 05:10 pm EDT
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Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on October 24, 2023 to common stockholders of record as of October 17, 2023. The Company continues its trend of uninterrupted dividends.
Dime Community Bancshares, Inc. is a bank holding company. The Company is engaged in providing commercial banking and financial services through its wholly owned subsidiary, Dime Community Bank (the Bank). It is engaged in providing full-service commercial and consumer banking services, including accepting time, savings and demand deposits from the businesses, consumers, and local municipalities. It also offers the Certificate of Deposit Account Registry Service (CDARS) and Insured Cash Sweep (ICS) programs. In addition, it offers merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts as well as investment services through Dime Financial Services LLC. Through its title insurance subsidiary, the Bank acts as a broker for title insurance services. It operates 60 branch locations throughout Long Island and the New York City.