Business Context and Reporting Period
Company: Dime Community Bancshares, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: October 24, 2024
Event: Declaration of quarterly cash dividend on Preferred Stock, Series A.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document solely addresses a specific dividend declaration.
| Security Class | Dividend Amount | Record Date | Payment Date |
|---|---|---|---|
| 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A | $0.34375 per share | November 8, 2024 | November 15, 2024 |
Material Changes
No material changes to financial performance or operational status are reported in this filing. The only reported event is the Board of Directors' declaration of the dividend.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is a procedural announcement regarding shareholder distributions.
Investor Verification Checklist
- Verify the record date (November 8, 2024) to confirm eligibility for the dividend.
- Confirm the payment date (November 15, 2024) for cash flow planning.
- Review the press release (Exhibit 99.1) for any additional context not included in the 8-K summary.
- Note that the dividend is non-cumulative, meaning missed payments are not accrued.