Dime Community Bancshares, Inc. /NY/ 8-K
Research Summary
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Dime Community Bancshares Declares Preferred Stock Dividend
What Happened
Dime Community Bancshares, Inc. (DCOM) announced in an 8-K filed April 23, 2026 that it will pay $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is payable May 15, 2026 to holders of record as of May 8, 2026. The company attached a press release (Exhibit 99.1) to the filing; the exhibit was furnished to the SEC.
Key Details
- Dividend amount: $0.34375 per share on Series A preferred.
- Security: 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A.
- Record date: May 8, 2026.
- Payable date: May 15, 2026.
- The press release was furnished as Exhibit 99.1 in the 8-K (not filed).
Why It Matters
Preferred shareholders of Dime Community Bancshares will receive the announced payment on May 15 if they hold shares by the May 8 record date. Because the shares are non-cumulative, missed dividends generally do not accrue for later payment; common shareholders are unaffected by this preferred-stock distribution. The filing provides confirmation and timing for the dividend payment and supplies the company’s press release for further details.
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