Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock
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Dime Community Bancshares has declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on February 13, 2025.
January 23, 2025 | 9:45 pm
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Dime Community Bancshares has announced a quarterly dividend for its Series A Preferred Stock, which may attract income-focused investors.
The declaration of a dividend is generally seen as a positive signal, indicating financial stability and a commitment to returning value to shareholders. This may lead to a short-term increase in stock price as income-focused investors may find the stock more attractive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80