Press Releases July 23, 2026 04:30 PM

Dime Commercial Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock

Dime Commercial Bancshares announces quarterly cash dividend on Series A Preferred Stock

By Avery Klein
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DCOM

Dime Commercial Bancshares, Inc., a leading New York-based bank holding company, declared 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 paid on August 14, 2026 to shareholders of record as of August 7, 2026.

Dime Commercial Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock
DCOM
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Key Points

  • Declaration of quarterly cash dividend of $0.34375 per Series A preferred share.
  • Dividend payable on August 14, 2026; record date is August 7, 2026.
  • Dime Commercial Bancshares holds the top deposit market share among commercial banks under $20 billion assets in Greater Long Island.

HAUPPAUGE, N.Y., July 23, 2026 (GLOBE NEWSWIRE) -- Dime Commercial Bancshares, Inc. (NYSE: DCOM, DCOM PR and DCBG) (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 14, 2026 to holders of record as of August 7, 2026.

ABOUT DIME COMMERCIAL BANCSHARES, INC.

Dime Commercial Bancshares, Inc. is the holding company for Dime Commercial Bank, a New York State-charted trust company with approximately $15 billion in assets and the number one deposit market share on Greater Long Island (1).

Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Operating Officer and Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: [email protected]

¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for commercial 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.


Risks

  • Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations.
  • Potential market and economic fluctuations could impact dividend sustainability and the bank’s financial performance.
  • Competition in the regional banking sector may affect the company’s market share and profitability.

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