Dime Community Bancshares (NASDAQ:DCOMP) Trading 1.3% Higher

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) shares traded up 1.3% during mid-day trading on Wednesday . The company traded as high as $17.09 and last traded at $17.00. 5,954 shares were traded during mid-day trading, a decline of 28% from the average session volume of 8,223 shares. The stock had previously closed at $16.78.

Dime Community Bancshares Price Performance

The firm’s 50-day moving average is $17.42 and its 200-day moving average is $17.36.

Dime Community Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 8th were issued a dividend of $0.3438 per share. This represents a $1.38 dividend on an annualized basis and a dividend yield of 8.09%. The ex-dividend date of this dividend was Tuesday, May 7th.

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.