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Dime Community Bancshares Declares Quarterly Cash Dividend For Common Stock

HAUPPAUGE, N.Y.

HAUPPAUGE, N.Y., June 24, 2021 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the "Company") announced that its Board of Directors today declared a quarterly cash dividend of $0.24 per share of Common Stock, payable on July 26, 2021 to common stockholders of record as of July 19, 2021. The Company continues its trend of uninterrupted dividends.

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 billion in assets and number one deposit market share among community banks on Greater Long Island  (1).

Dime Community Bancshares, Inc.Investor Relations Contact:Avinash ReddySenior Executive Vice President - Chief Financial OfficerPhone: 718-782-6200; Ext. 5909Email:  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.