Dime Community Bancshares (NASDAQ:DCOMP) Stock Price Down 0.7% – Should You Sell?

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) fell 0.7% on Tuesday . The company traded as low as $19.62 and last traded at $20.01. 7,817 shares were traded during trading, an increase of 6% from the average session volume of 7,388 shares. The stock had previously closed at $20.15.

Dime Community Bancshares Trading Down 0.7%

The stock’s 50 day simple moving average is $19.54 and its two-hundred day simple moving average is $18.99.

Dime Community Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 8th were paid a dividend of $0.3438 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 6.9%.

Dime Community Bancshares Company Profile

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.