Dime Unveils New Branch on Madison Avenue as Part of Manhattan Expansion
New Branch Opening: Dime Community Bancshares, Inc. has opened a full-service branch at 232 Madison Avenue in Manhattan after receiving all necessary regulatory approvals.
Leadership and Strategy: The branch will be managed by Lisa Reardon, and the company's leadership emphasizes this expansion as part of a strategic growth plan in a key market.
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Dime Community Bancshares' Series A Preferred Stock Exceeds 7.5% Yield Threshold
Stock Performance: Dime Community Bancshares Inc's 5.50% Non-Cumul Prep Preferred Stock Ser A (DCOMP) is down approximately 1.4% in Monday trading, while the common shares (DCOM) have increased by about 0.7%.
Dividend History: A chart detailing the historical dividend payments for DCOMP is provided, showcasing the company's dividend performance over time.
Dime Awards Provides Funding to Long Island Cares
Grant Awarded: Dime Community Bancshares, Inc. has awarded a grant to Long Island Cares to support services for the food insecure in Nassau and Suffolk counties.
Company Overview: Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which has over $14 billion in assets and holds the top deposit market share among community banks in Greater Long Island.
