Dime Community Bancshares (NASDAQ:DCOM – Get Free Report) posted its quarterly earnings data on Tuesday. The savings and loans company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.12), Yahoo Finance reports. Dime Community Bancshares had a return on equity of 6.58% and a net margin of 9.98%. The company had revenue of $171.87 million during the quarter, compared to the consensus estimate of $86.65 million. During the same quarter last year, the company posted $0.56 earnings per share.
Dime Community Bancshares Price Performance
DCOM opened at $30.54 on Friday. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 17.16 and a beta of 1.00. Dime Community Bancshares has a 1 year low of $17.29 and a 1 year high of $31.75. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.02 and a quick ratio of 1.02. The stock’s 50 day simple moving average is $27.01 and its 200 day simple moving average is $22.58.
Dime Community Bancshares Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Thursday, October 17th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date of this dividend was Thursday, October 17th. Dime Community Bancshares’s dividend payout ratio (DPR) is presently 56.18%.
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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.
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