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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-07 | $0.40 | quarterly | 2024-10-24 |
2024-07-01 | $0.40 | quarterly | 2024-07-25 |
2024-03-28 | $0.40 | quarterly | 2024-04-25 |
2023-12-29 | $0.40 | quarterly | 2024-01-25 |
2023-09-28 | $0.38 | quarterly | 2023-10-26 |
2023-06-30 | $0.38 | quarterly | 2023-07-27 |
2023-04-05 | $0.38 | quarterly | 2023-04-27 |
2022-12-29 | $0.38 | quarterly | 2023-01-26 |
2022-09-29 | $0.36 | quarterly | 2022-10-20 |
2022-06-29 | $0.36 | quarterly | 2022-07-21 |
2022-04-01 | $0.36 | quarterly | 2022-04-28 |
2021-12-30 | $0.86 | quarterly | 2022-01-20 |
2021-10-01 | $0.34 | quarterly | 2021-10-21 |
2021-06-29 | $0.34 | quarterly | 2021-07-23 |
2021-04-01 | $0.34 | quarterly | 2021-04-22 |
2020-12-30 | $0.34 | quarterly | 2021-01-21 |
2020-09-29 | $0.33 | quarterly | 2020-10-23 |
2020-06-29 | $0.33 | quarterly | 2020-07-23 |
2020-03-30 | $0.33 | quarterly | 2020-04-23 |
2019-12-30 | $0.33 | quarterly | 2020-01-23 |
2019-09-27 | $0.30 | quarterly | 2019-10-23 |
2019-06-28 | $0.30 | quarterly | 2019-07-23 |
2019-03-29 | $0.30 | quarterly | 2019-04-23 |
2018-12-28 | $0.30 | quarterly | 2019-01-24 |
2018-09-28 | $0.28 | quarterly | 2018-10-24 |
2018-06-29 | $0.28 | quarterly | 2018-07-24 |
2018-03-28 | $0.28 | quarterly | 2018-04-24 |
2017-12-28 | $0.28 | quarterly | 2018-01-25 |
2017-09-28 | $0.26 | quarterly | 2017-10-23 |
2017-06-28 | $0.38 | quarterly | 2017-07-24 |
2017-03-29 | $0.38 | quarterly | 2017-04-24 |
2016-12-28 | $0.38 | quarterly | 2017-01-25 |
2016-09-28 | $0.38 | quarterly | 2016-10-24 |
2016-06-28 | $0.38 | quarterly | 2016-07-25 |
2016-03-29 | $0.38 | quarterly | 2016-04-25 |
2015-12-29 | $0.38 | quarterly | 2016-01-25 |
2015-09-28 | $0.38 | quarterly | 2015-10-23 |
2015-06-26 | $0.38 | quarterly | 2015-07-24 |
2015-03-27 | $0.38 | quarterly | 2015-04-23 |
2014-12-29 | $0.38 | quarterly | 2015-01-23 |
2014-09-26 | $0.38 | quarterly | 2014-10-24 |
2014-06-26 | $0.38 | quarterly | 2014-07-25 |
2014-03-27 | $0.38 | quarterly | 2014-04-25 |
2013-12-27 | $0.38 | quarterly | 2014-01-24 |
2013-09-26 | $0.38 | quarterly | 2013-10-25 |
2013-06-26 | $0.38 | quarterly | 2013-07-25 |
2013-04-04 | $0.38 | quarterly | 2013-04-25 |
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
Dimeco Dividend FAQ
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.
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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.
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.
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.