Dime Community Bancshares (NASDAQ:DCOMP) Stock Price Up 0.6% – Still a Buy?

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) rose 0.6% during mid-day trading on Monday . The company traded as high as $19.16 and last traded at $19.00. Approximately 12,379 shares were traded during mid-day trading, an increase of 32% from the average daily volume of 9,365 shares. The stock had previously closed at $18.88.

Dime Community Bancshares Trading Up 1.1 %

The firm’s 50-day moving average price is $19.66 and its 200-day moving average price is $19.11.

Dime Community Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 8th were given a $0.3438 dividend. This represents a $1.38 annualized dividend and a yield of 7.16%. The ex-dividend date was Friday, November 8th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Dime Community Bancshares stock. ORG Partners LLC acquired a new position in shares of Dime Community Bancshares, Inc. (NASDAQ:DCOMP) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,900 shares of the company’s stock, valued at approximately $79,000.

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.