Dime Community Bancshares (DCOMP) Projected to Post Earnings on Friday

Dime Community Bancshares (NASDAQ:DCOMP) is anticipated to release its results before the market opens on Friday, April 24th. Analysts expect Dime Community Bancshares to post earnings of $0.77 per share and revenue of $122.3790 million for the quarter.

Dime Community Bancshares Stock Performance

Shares of DCOMP stock opened at $18.51 on Friday. The stock’s 50 day simple moving average is $18.99 and its two-hundred day simple moving average is $18.84. Dime Community Bancshares has a 1 year low of $17.05 and a 1 year high of $20.75.

Dime Community Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, February 6th were issued a $0.3438 dividend. The ex-dividend date was Friday, February 6th. This is a positive change from Dime Community Bancshares’s previous quarterly dividend of $0.25. This represents a $1.38 annualized dividend and a dividend yield of 7.4%.

About Dime Community Bancshares

Dime Community Bancshares (NASDAQ:DCOMP) is the bank holding company for Dime Community Bank, a commercial bank headquartered in Hauppauge, New York. The company specializes in originating and servicing commercial real estate loans, with a primary focus on income-producing multifamily, office, retail and industrial properties. In addition to its lending activities, Dime Community Bancshares offers deposit products, cash management services and treasury solutions to small and medium-sized businesses as well as individual customers across its branch network.

The roots of Dime Community Bancshares trace back to the Dime Savings Bank of Williamsburgh, founded in 1864.