Dime Community Bancshares Dividends and Buybacks
Dividend criteria checks 5/6
Dime Community Bancshares is a dividend paying company with a current yield of 2.75% that is well covered by earnings.
Key information
2.8%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.000 |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DCOM.P's dividends per share have been stable in the past 10 years.
Growing Dividend: DCOM.P's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Dime Community Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DCOM.P) | 2.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (DCOM.P) (up to 3 years) | 2.8% |
Notable Dividend: DCOM.P's dividend (2.75%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: DCOM.P's dividend (2.75%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.6%), DCOM.P's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DCOM.P's dividends in 3 years are forecast to be well covered by earnings (27.5% payout ratio).