Dime Commercial Bancshares sets 34.375 cent Series A preferred payout
The board of Dime Commercial Bancshares, Inc. (NYSE: DCOM) has approved a quarterly cash distribution of $0.34375 per share for its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. Holders of record…
The board of Dime Commercial Bancshares, Inc. (NYSE: DCOM) has approved a quarterly cash distribution of $0.34375 per share for its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. Holders of record as of November 9, 2026, will receive the payment on November 16, 2026.
Dime Commercial Bancshares, Inc. serves as the holding company for Dime Commercial Bank, a New York State-charted trust company. The bank holds approximately $15 billion in assets and maintains the number one deposit market share in Greater Long Island. This market share figure applies to Kings, Queens, Nassau, and Suffolk counties for commercial banks with less than $20 billion in assets.
Avinash Reddy serves as the Senior Executive Vice President, Chief Operating Officer, and Chief Financial Officer for Dime Commercial Bancshares. The company’s securities also trade under the tickers DCOM PR and DCBG.