Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG) Sees Large Decline in Short Interest

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 6,200 shares, a decrease of 27.9% from the August 31st total of 8,600 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 3.0 days. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 3.0 days.

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Stock Performance

Shares of Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 stock opened at $26.85 on Tuesday. The company has a fifty day simple moving average of $26.41 and a 200-day simple moving average of $26.29. Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 has a 12-month low of $24.25 and a 12-month high of $27.64.

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $0.5625 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.25 dividend on an annualized basis and a dividend yield of 8.4%.