Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition, it invests in Federal Home Loan Bank, Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further, the company offers certificate of deposit account registry services and insured cash sweep programs; 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; investment products and services through a third-party broker dealer; and title insurance broker services. As of December 31, 2021, it operated 60 branch locations throughout Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.
Dime Community Bancshares Dividend Announcement
• Dime Community Bancshares announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-17
• Dime Community Bancshares annual dividend for 2024 was $1.00
• Dime Community Bancshares annual dividend for 2023 was $0.99
• Dime Community Bancshares's trailing twelve-month (TTM) dividend yield is 2.83%
• Dime Community Bancshares's payout ratio for the trailing twelve months (TTM) is 68.51%
• Dime Community Bancshares's dividend growth over the last five years (2018-2023) was -7.73% year
• Dime Community Bancshares's dividend growth over the last ten years (2013-2023) was -2.30% year
Dime Community Bancshares Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-17 | $0.25 | quarterly | 2024-10-24 |
| 2024-07-17 | $0.25 | quarterly | 2024-07-24 |
| 2024-04-16 | $0.25 | quarterly | 2024-04-24 |
| 2024-01-16 | $0.25 | quarterly | 2024-01-24 |
| 2023-10-16 | $0.25 | quarterly | 2023-10-24 |
| 2023-07-14 | $0.25 | quarterly | 2023-07-24 |
| 2023-04-14 | $0.25 | quarterly | 2023-04-24 |
| 2023-01-13 | $0.24 | quarterly | 2023-01-24 |
| 2022-10-14 | $0.24 | quarterly | 2022-10-24 |
| 2022-07-15 | $0.24 | quarterly | 2022-07-25 |
| 2022-04-14 | $0.24 | quarterly | 2022-04-25 |
| 2022-01-13 | $0.24 | quarterly | 2022-01-24 |
| 2021-10-15 | $0.24 | quarterly | 2021-10-25 |
| 2021-07-16 | $0.24 | quarterly | 2021-07-26 |
| 2021-05-10 | $0.24 | quarterly | 2021-05-21 |
| 2021-02-04 | $0.24 | quarterly | 2021-02-12 |
| 2020-11-05 | $0.14 | quarterly | 2020-11-13 |
| 2020-10-22 | $0.24 | quarterly | 2020-10-30 |
| 2020-08-05 | $0.14 | quarterly | 2020-08-13 |
| 2020-07-17 | $0.24 | quarterly | 2020-07-27 |
| 2020-05-05 | $0.14 | quarterly | 2020-05-13 |
| 2020-04-17 | $0.24 | quarterly | 2020-04-27 |
| 2020-02-05 | $0.14 | quarterly | 2020-02-13 |
| 2020-01-23 | $0.24 | quarterly | 2020-01-31 |
| 2019-11-05 | $0.14 | quarterly | 2019-11-13 |
| 2019-10-17 | $0.23 | quarterly | 2019-10-25 |
| 2019-08-06 | $0.14 | quarterly | 2019-08-14 |
| 2019-07-19 | $0.23 | quarterly | 2019-07-29 |
| 2019-05-07 | $0.14 | quarterly | 2019-05-15 |
| 2019-04-17 | $0.23 | quarterly | 2019-04-26 |
| 2019-02-05 | $0.14 | quarterly | 2019-02-13 |
| 2019-01-17 | $0.23 | quarterly | 2019-01-28 |
| 2018-11-05 | $0.14 | quarterly | 2018-11-13 |
| 2018-10-18 | $0.23 | quarterly | 2018-10-26 |
| 2018-08-07 | $0.14 | quarterly | 2018-08-15 |
| 2018-07-20 | $0.23 | quarterly | 2018-07-30 |
| 2018-05-07 | $0.14 | quarterly | 2018-05-15 |
| 2018-04-19 | $0.23 | quarterly | 2018-04-27 |
| 2018-02-05 | $0.14 | quarterly | 2018-02-13 |
| 2018-01-19 | $0.23 | quarterly | 2018-01-31 |
| 2017-11-03 | $0.14 | quarterly | 2017-11-13 |
| 2017-10-19 | $0.23 | quarterly | 2017-10-27 |
| 2017-08-03 | $0.14 | quarterly | 2017-08-14 |
| 2017-07-19 | $0.23 | quarterly | 2017-07-28 |
| 2017-05-04 | $0.14 | quarterly | 2017-05-15 |
| 2017-04-19 | $0.23 | quarterly | 2017-04-28 |
| 2017-02-02 | $0.14 | quarterly | 2017-02-13 |
| 2017-01-19 | $0.23 | quarterly | 2017-01-31 |
| 2016-11-04 | $0.14 | quarterly | 2016-11-16 |
| 2016-10-19 | $0.23 | quarterly | 2016-10-28 |
| 2016-08-04 | $0.14 | quarterly | 2016-08-16 |
| 2016-07-20 | $0.23 | quarterly | 2016-07-29 |
| 2016-05-05 | $0.14 | quarterly | 2016-05-17 |
| 2016-04-18 | $0.23 | quarterly | 2016-04-29 |
| 2016-02-04 | $0.14 | quarterly | 2016-02-15 |
| 2016-01-20 | $0.23 | quarterly | 2016-01-29 |
| 2015-10-30 | $0.14 | quarterly | 2015-11-10 |
| 2015-10-16 | $0.23 | quarterly | 2015-10-30 |
| 2015-07-31 | $0.14 | quarterly | 2015-08-11 |
| 2015-07-20 | $0.23 | quarterly | 2015-07-31 |
| 2015-05-04 | $0.14 | quarterly | 2015-05-13 |
| 2015-04-15 | $0.23 | quarterly | 2015-04-30 |
| 2015-01-29 | $0.14 | quarterly | 2015-02-10 |
| 2015-01-15 | $0.23 | quarterly | 2015-01-30 |
| 2014-11-04 | $0.14 | quarterly | 2014-11-13 |
| 2014-10-15 | $0.23 | quarterly | 2014-10-31 |
| 2014-08-04 | $0.14 | quarterly | 2014-08-13 |
| 2014-07-15 | $0.23 | quarterly | 2014-07-31 |
| 2014-05-02 | $0.14 | quarterly | 2014-05-13 |
| 2014-04-15 | $0.23 | quarterly | 2014-04-30 |
| 2014-02-04 | $0.14 | quarterly | 2014-02-13 |
| 2014-01-15 | $0.23 | quarterly | 2014-02-03 |
| 2013-11-07 | $0.14 | quarterly | 2013-11-19 |
| 2013-10-16 | $0.23 | quarterly | 2013-11-01 |
| 2013-08-02 | $0.14 | quarterly | 2013-08-13 |
| 2013-07-15 | $0.23 | quarterly | 2013-07-31 |
| 2013-05-02 | $0.14 | quarterly | 2013-05-13 |
| 2013-04-16 | $0.23 | quarterly | 2013-05-01 |
| 2013-02-04 | $0.14 | quarterly | 2013-02-13 |
Dime Community Bancshares Dividend per year
Dime Community Bancshares Dividend growth
Dime Community Bancshares Dividend Yield
Dime Community Bancshares current trailing twelve-month (TTM) dividend yield is 2.83%. Interested in purchasing Dime Community Bancshares stock? Use our calculator to estimate your expected dividend yield:
Dime Community Bancshares Financial Ratios
P/E ratio24.68
PEG ratio-2.24
P/B ratio1.28
ROE5.29%
Payout ratio68.51%
Current ratio0.39
Quick ratio0.39
Cash Ratio0.17
Dime Community Bancshares Dividend FAQ
How much is the next Dime Community Bancshares dividend?
Dime Community Bancshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dime Community Bancshares dividend. The next Dime Community Bancshares dividend will be released in January, April, July, or October.
When is Dime Community Bancshares dividend paid?
Dime Community Bancshares pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Dime Community Bancshares pay?
The specific amount of Dime Community Bancshares dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dime Community Bancshares's dividend history.
Does Dime Community Bancshares stock pay dividends?
Yes, Dime Community Bancshares does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dime Community Bancshares's dividend history.
How much dividend does Dime Community Bancshares pay?
Dime Community Bancshares paid $1.0 in 2024, $0.99 in 2023, $0.96 in 2022, $0.96 in 2021, and $1.52 in 2020.
How often does Dime Community Bancshares pay dividends?
Dime Community Bancshares typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Dime Community Bancshares's dividend yield?
The current dividend yield for Dime Community Bancshares is 2.83%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Dime Community Bancshares's exact dividend yield.
When does Dime Community Bancshares go ex dividend?
Dime Community Bancshares's ex-dividend date for the latest dividend was on 2024-10-17. Dime Community Bancshares typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Dime Community Bancshares dividend paid?
Dime Community Bancshares pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Dime Community Bancshares increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Dime Community Bancshares will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Dime Community Bancshares dividend per share?
Dime Community Bancshares paid $1.0 per share in 2024 and $0.99 per share in 2023. The amount of dividend per share that Dime Community Bancshares pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Dime Community Bancshares a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Dime Community Bancshares a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Dime Community Bancshares a dividend stock?
Yes, Dime Community Bancshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dime Community Bancshares a good dividend stock?
Whether Dime Community Bancshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dime Community Bancshares has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Dime Community Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Dime Community Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Dime Community Bancshares pay dividends monthly?
Dime Community Bancshares typically pays dividends on a quarterly basis.
Does Dime Community Bancshares pay dividends quarterly?
Dime Community Bancshares currently pays dividends on a quarterly basis.
Has Dime Community Bancshares ever paid a dividend?
Yes, Dime Community Bancshares has a history of paying dividends to its shareholders. Dime Community Bancshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dime Community Bancshares dividend stocks?
To buy Dime Community Bancshares you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Dime Community Bancshares stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Dime Community Bancshares stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Dime Community Bancshares pay dividends 2024?
Dime Community Bancshares pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Dime Community Bancshares increase its dividend in 2024?
Decisions regarding Dime Community Bancshares dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Dime Community Bancshares dividend overview you can look into the above table of dividend history.
How Dime Community Bancshares dividend works?
The Dime Community Bancshares dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Dime Community Bancshares's dividend process works:
1. Determination of Dividend: Dime Community Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Dime Community Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Dime Community Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Dime Community Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Dime Community Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Dime Community Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Dime Community Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Dime Community Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Dime Community Bancshares dividends paid?
Dime Community Bancshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Dime Community Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Dime Community Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dime Community Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Dime Community Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Dime Community Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dime Community Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Dime Community Bancshares pay dividends?
Dime Community Bancshares typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Dime Community Bancshares pay dividends?
The general pattern is that Dime Community Bancshares pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dime Community Bancshares dividend safe?
The safety of Dime Community Bancshares's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Dime Community Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Dime Community Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Dime Community Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Dime Community Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.