Dime Community Bancshares stock: Preferred dividend declared

Dime Commercial Bancshares, Inc. declared a quarterly cash dividend of 0.34375 US dollars per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, according to a Markets Insider report carrying the GlobeNewswire release. The announcement was issued on Thursday, October 29, 2026.

Payment And Record Dates

The dividend is payable on November 16, 2026, to preferred shareholders recorded as of November 9. The announcement concerns Series A preferred shares rather than Dime's common stock, so the payment should not be treated as a change to the company's regular common-share dividend.

The release identifies Dime Commercial Bancshares as the parent company of Dime Commercial Bank. It also describes the bank as a New York State-chartered trust company with approximately 15 billion US dollars in assets and the leading deposit market share on Greater Long Island among commercial banks with less than 20 billion US dollars in assets.

Regional Banking Platform

Dime Community Bancshares is headquartered in Hauppauge, New York, and operates through Dime Commercial Bank. The bank provides deposit and loan products and financial services to local businesses, consumers and municipalities, while subsidiaries offer title insurance, financial planning and investment consultation, according to the company's investor relations website. Its branch network spans communities from Montauk to Manhattan, Staten Island, Westchester and Lakewood, New Jersey.

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For DCOM investors, the next relevant date in this announcement is November 9, when the shareholder register determines eligibility for the preferred-stock payment. The cash distribution is scheduled to follow one week later.