0000846617false0000846617us-gaap:SeriesAPreferredStockMember2024-01-262024-01-260000846617us-gaap:CommonStockMember2024-01-262024-01-2600008466172024-01-262024-01-26

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): January 26, 2024

DIME COMMUNITY BANCSHARES, INC.

(Exact name of the registrant as specified in its charter)

New York

001-34096

11-2934195

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(IRS Employer

Identification No.)

898 Veterans Memorial Highway, Suite 560

 

Hauppauge, New York

11788

(Address of principal executive offices)

(Zip Code)

(631) 537-1000

(Registrant’s telephone number)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

    

Trading

Symbol(s)

    

Name of each exchange on which registered

Common Stock, $0.01 Par Value

DCOM

The Nasdaq Stock Market, LLC

Preferred Stock, Series A, $0.01 Par Value

DCOMP

The Nasdaq Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 7.01      Regulation FD Disclosure

On January 26, 2024, the Registrant announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company’s 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on February 15, 2024 to holders of record as of February 8, 2024. The text of the press release is attached as Exhibit 99.1 and is incorporated herein by reference. Exhibit 99.1 to this report is being “furnished” to the SEC and shall not be deemed “filed” for any purpose.

Item 9.01      Financial Statements and Exhibits

(d)(d) Exhibits

99.1

Press Release of the Registrant, dated January 26, 2024.

104

Cover Page Interactive Data File (formatted as inline XBRL)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

Dime Community Bancshares, Inc.

(Registrant)

DATE:  January 26, 2024

/s/ AVINASH REDDY

Avinash Reddy

Senior Executive Vice President & Chief Financial Officer

(Principal Financial Officer)

EXHIBIT 99.1

Graphic

Dime Community Bancshares Declares Quarterly Cash Dividend for

Series A Preferred Stock

Hauppauge, NY – January 26, 2024 – Dime Community Bancshares, Inc. (Nasdaq: DCOM and DCOMP) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company’s 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on February 15, 2024 to holders of record as of February 8, 2024.

ABOUT DIME COMMUNITY BANCSHARES, INC.

Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $13.6 billion in assets and the number one deposit market share among community banks on Greater Long Island (1).

Dime Community Bancshares, Inc.
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: avinash.reddy@dime.com

 ¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than $20 billion in assets.


v3.23.4
Cover
Jan. 26, 2024
Document Information [Line Items]  
Entity Registrant Name DIME COMMUNITY BANCSHARES, INC.
Entity Central Index Key 0000846617
Entity Emerging Growth Company false
Document Type 8-K
Entity Central Index Key 0000846617
Amendment Flag false
Document Period End Date Jan. 26, 2024
Entity File Number 001-34096
Entity Tax Identification Number 11-2934195
Entity Incorporation, State or Country Code NY
Entity Address, Address Line One 898 Veterans Memorial Highway, Suite 560
Entity Address, City or Town Hauppauge
Entity Address, State or Province NY
Entity Address, Postal Zip Code 11788
City Area Code 631
Local Phone Number 537-1000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Common Stock  
Document Information [Line Items]  
Title of 12(b) Security Common Stock, $0.01 Par Value
Trading Symbol DCOM
Security Exchange Name NASDAQ
Preferred Stock, Series A [Member]  
Document Information [Line Items]  
Title of 12(b) Security Preferred Stock, Series A, $0.01 Par Value
Trading Symbol DCOMP
Security Exchange Name NASDAQ

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