Timberland Bancorp And 2 Top US Dividend Stocks For Your Portfolio
Market Overview: U.S. stock markets are experiencing record highs due to strong bank earnings and a positive inflation outlook, leading investors to favor dividend stocks like Timberland Bancorp for stability and income.
Dividend Stock Highlights: Several banks, including Union Bankshares and Dime Community Bancshares, are noted for their reliable dividends and potential for capital appreciation, despite some declines in net income.
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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.
