Dime Community Bancshares (NASDAQ:DCOMP) Shares Down 0.2% – What’s Next?

Dime Community Bancshares, Inc. (NASDAQ:DCOMPGet Free Report)’s share price fell 0.2% during mid-day trading on Friday . The company traded as low as $17.37 and last traded at $17.3729. Approximately 15,347 shares traded hands during trading, an increase of 100% from the average daily volume of 7,691 shares. The stock had previously closed at $17.3999.

Dime Community Bancshares Price Performance

The firm’s 50 day moving average price is $17.78 and its 200-day moving average price is $18.46.

Dime Community Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, August 7th were issued a $0.3438 dividend. This represents a $1.38 annualized dividend and a yield of 7.9%. The ex-dividend date was Friday, August 7th.

About Dime Community Bancshares

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Dime Community Bancshares (NASDAQ:DCOMP) is the bank holding company for Dime Community Bank, a commercial bank headquartered in Hauppauge, New York. The company specializes in originating and servicing commercial real estate loans, with a primary focus on income-producing multifamily, office, retail and industrial properties. In addition to its lending activities, Dime Community Bancshares offers deposit products, cash management services and treasury solutions to small and medium-sized businesses as well as individual customers across its branch network.

The roots of Dime Community Bancshares trace back to the Dime Savings Bank of Williamsburgh, founded in 1864.

Further Reading

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