Press Releases April 23, 2026 04:30 PM

Dime Declares Quarterly Cash Dividend for Series A Preferred Stock

Dime Community Bancshares announces quarterly cash dividend on Series A Preferred Stock.

By Leila Farooq DCOM
Dime Declares Quarterly Cash Dividend for Series A Preferred Stock
DCOM

Dime Community Bancshares declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on May 15, 2026. The announcement highlights the company's ongoing commitment to shareholder returns and notes its strong position as a leading community bank on Long Island with approximately $15 billion in assets.

Key Points

  • Declared a quarterly cash dividend of $0.34375 per share for Series A Preferred Stock.
  • Dividend payable on May 15, 2026, to shareholders of record as of May 8, 2026.
  • Dime holds the number one deposit market share in Greater Long Island with $15 billion in assets.

HAUPPAUGE, N.Y., April 23, 2026 (GLOBE NEWSWIRE) -- Dime (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 May 15, 2026 to holders of record as of May 8, 2026.

ABOUT DIME

Dime is 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 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.


Risks

  • Forward-looking statements may be subject to risks and uncertainties affecting future results.
  • The financial sector is influenced by changes in interest rates, regulatory environment, and economic conditions.
  • Dividend payments are subject to the company's financial condition and market environment.

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