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Dimeco, Inc. operates as the bank holding company for The Dime Bank that provides banking products and services to individuals and businesses in the United States. It accepts various deposits, including checking, savings, and individual retirement accounts, as well as certificates of deposit. It also provides consumer, mortgage, construction, home equity, student, business term, vehicle, equipment, capital improvement, and commercial real estate loans; business lines of credit; and acquisition financing and investment services. In addition, the company offers wealth management services; and business services, such as cash management, remote deposit, and merchant services. Further, it provides online and mobile banking, bill pay, mobile deposit, transfer, and e-statement services; and debit and credit cards. The company operates seven locations in northeastern Pennsylvania. Dimeco, Inc. was founded in 1905 and is headquartered in Honesdale, Pennsylvania.

Dimeco Dividend Announcement

Dimeco announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-07
Dimeco annual dividend for 2024 was $1.20
Dimeco annual dividend for 2023 was $1.54
Dimeco's trailing twelve-month (TTM) dividend yield is 4.0%
Dimeco's dividend growth over the last five years (2018-2023) was 6.20% year
Dimeco's dividend growth over the last ten years (2013-2023) was 0.13% year

Dimeco Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-07$0.40quarterly2024-10-24
2024-07-01$0.40quarterly2024-07-25
2024-03-28$0.40quarterly2024-04-25
2023-12-29$0.40quarterly2024-01-25
2023-09-28$0.38quarterly2023-10-26
2023-06-30$0.38quarterly2023-07-27
2023-04-05$0.38quarterly2023-04-27
2022-12-29$0.38quarterly2023-01-26
2022-09-29$0.36quarterly2022-10-20
2022-06-29$0.36quarterly2022-07-21
2022-04-01$0.36quarterly2022-04-28
2021-12-30$0.86quarterly2022-01-20
2021-10-01$0.34quarterly2021-10-21
2021-06-29$0.34quarterly2021-07-23
2021-04-01$0.34quarterly2021-04-22
2020-12-30$0.34quarterly2021-01-21
2020-09-29$0.33quarterly2020-10-23
2020-06-29$0.33quarterly2020-07-23
2020-03-30$0.33quarterly2020-04-23
2019-12-30$0.33quarterly2020-01-23
2019-09-27$0.30quarterly2019-10-23
2019-06-28$0.30quarterly2019-07-23
2019-03-29$0.30quarterly2019-04-23
2018-12-28$0.30quarterly2019-01-24
2018-09-28$0.28quarterly2018-10-24
2018-06-29$0.28quarterly2018-07-24
2018-03-28$0.28quarterly2018-04-24
2017-12-28$0.28quarterly2018-01-25
2017-09-28$0.26quarterly2017-10-23
2017-06-28$0.38quarterly2017-07-24
2017-03-29$0.38quarterly2017-04-24
2016-12-28$0.38quarterly2017-01-25
2016-09-28$0.38quarterly2016-10-24
2016-06-28$0.38quarterly2016-07-25
2016-03-29$0.38quarterly2016-04-25
2015-12-29$0.38quarterly2016-01-25
2015-09-28$0.38quarterly2015-10-23
2015-06-26$0.38quarterly2015-07-24
2015-03-27$0.38quarterly2015-04-23
2014-12-29$0.38quarterly2015-01-23
2014-09-26$0.38quarterly2014-10-24
2014-06-26$0.38quarterly2014-07-25
2014-03-27$0.38quarterly2014-04-25
2013-12-27$0.38quarterly2014-01-24
2013-09-26$0.38quarterly2013-10-25
2013-06-26$0.38quarterly2013-07-25
2013-04-04$0.38quarterly2013-04-25

Dimeco Dividend per year

Dimeco Dividend growth

Dimeco Dividend Yield

Dimeco current trailing twelve-month (TTM) dividend yield is 4.0%. Interested in purchasing Dimeco stock? Use our calculator to estimate your expected dividend yield:

Dimeco Financial Ratios

P/E ratio7.84
PEG ratio0.86
P/B ratio0.94
ROE12.68%
Payout ratio0.00%
Current ratio0.08
Quick ratio0.08
Cash Ratio0.00

Dimeco Dividend FAQ

How much is the next Dimeco dividend?
Dimeco's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dimeco dividend. The next Dimeco dividend will be released in April, June, September, or December.
When is Dimeco dividend paid?
Dimeco pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, June, September, and December. 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 Dimeco pay?
The specific amount of Dimeco 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 Dimeco's dividend history.
Does Dimeco stock pay dividends?
Yes, Dimeco 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 Dimeco's dividend history.
How much dividend does Dimeco pay?
Dimeco paid $1.2 in 2024, $1.54 in 2023, $1.46 in 2022, $1.88 in 2021, and $1.33 in 2020.
How often does Dimeco pay dividends?
Dimeco 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 April, June, September, and December.
What is Dimeco's dividend yield?
The current dividend yield for Dimeco is 4.0%. 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 Dimeco's exact dividend yield.
When does Dimeco go ex dividend?
Dimeco's ex-dividend date for the latest dividend was on 2024-10-07. Dimeco 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 Dimeco dividend paid?
Dimeco pays dividends on a quarterly basis, typically around April, June, September, or December, but the exact dates can vary each year.
Will Dimeco 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 Dimeco 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 Dimeco dividend per share?
Dimeco paid $1.2 per share in 2024 and $1.54 per share in 2023. The amount of dividend per share that Dimeco 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 Dimeco 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 Dimeco 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 Dimeco a dividend stock?
Yes, Dimeco is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dimeco a good dividend stock?
Whether Dimeco is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dimeco has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Dimeco 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 Dimeco pay dividends monthly?
Dimeco typically pays dividends on a quarterly basis.
Does Dimeco pay dividends quarterly?
Dimeco currently pays dividends on a quarterly basis.
Has Dimeco ever paid a dividend?
Yes, Dimeco has a history of paying dividends to its shareholders. Dimeco is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dimeco dividend stocks?
To buy Dimeco 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 Dimeco 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 Dimeco pay dividends 2024?
Dimeco 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 Dimeco increase its dividend in 2024?
Decisions regarding Dimeco 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 Dimeco dividend overview you can look into the above table of dividend history.
How Dimeco dividend works?
The Dimeco 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 Dimeco's dividend process works:

1. Determination of Dividend: Dimeco'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, Dimeco 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, Dimeco 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 Dimeco 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 Dimeco dividends paid?
Dimeco dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Dimeco 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, Dimeco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Dimeco 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 Dimeco pay dividends?
Dimeco 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 Dimeco pay dividends?
The general pattern is that Dimeco pays dividends around April, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dimeco dividend safe?
The safety of Dimeco'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 Dimeco'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 Dimeco'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.