Dime Community Bancshares (NASDAQ:DCOMP) Trading Up 1% – Here’s What Happened

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) shares were up 1% on Wednesday . The company traded as high as $19.21 and last traded at $19.10. Approximately 3,995 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 8,399 shares. The stock had previously closed at $18.92.

Dime Community Bancshares Stock Up 1.0%

The business’s 50 day moving average price is $18.96 and its two-hundred day moving average price is $19.42.

Dime Community Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 8th will be given a dividend of $0.3438 per share. The ex-dividend date is Thursday, May 8th. This represents a $1.38 annualized dividend and a yield of 7.20%.

About Dime Community Bancshares

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.