Dime Community Bancshares Announces Quarterly Dividend of $0.3438 Per Share
Dime Community Bancshares (DCOM) has declared a quarterly dividend of $0.3438 per share, maintaining consistency with its previous payout levels. The distribution represents a forward yield of approximately 3.26%. The announcement comes amidst recent positive financial performance for the company, including a Q3 earnings beat where non-GAAP EPS reached $0.91 and revenue hit $135.35 million. Additionally, the bank is involved in strategic expansion efforts, such as its $58 million deal to acquire Empire Bancshares.
Topics: acquisition dividend declaration earnings beat revenue growth