Contact Information: Contact: Kenneth J. Mahon Exec. VP and Chief Financial Officer 718-782-6200 extension 8265 Stephanie Prince Director of Corporate Marketing 718-782-6200 extension 8250
Dime Community Bancshares Declares Quarterly Cash Dividend
| Source: Dime Community Bancshares, Inc.
BROOKLYN, NY -- (MARKET WIRE) -- April 21, 2005 -- Dime Community Bancshares, Inc. (NASDAQ: DCOM ), the parent company of The Dime Savings Bank of Williamsburgh,
announced that its Board of Directors has declared a quarterly cash
dividend of $0.14 per share, payable on May 16, 2005, to all stockholders
of record as of May 2, 2005. This dividend is the 32nd consecutive
quarterly cash dividend paid by the Company.
About Dime Community Bancshares
Dime Community Bancshares, Inc., a unitary thrift holding company, is the
parent company of The Dime Savings Bank of Williamsburgh, Brooklyn, New
York, founded in 1864. With $3.38 billion in assets as of December 31,
2004, the Bank has twenty branches located throughout Brooklyn, Queens, the
Bronx and Nassau County, New York. More information on the Company and
Bank can be found on the Bank's Internet website at www.dimedirect.com.