Dime Community Bancshares Declares Quarterly Cash Dividend
BROOKLYN, NY -- (MARKET WIRE) -- April 19, 2007 -- 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 15, 2007, to all stockholders
of record as of April 30, 2007. This dividend is the 40th consecutive
quarterly cash dividend paid by the Company.
About Dime Community Bancshares
Dime Community Bancshares, Inc., (NASDAQ: DCOM), (the "Company"), has $3.17
billion in consolidated assets as of December 31, 2006, and is the parent
company of The Dime Savings Bank of Williamsburgh (the "Bank"). The Bank
was founded in 1864, is headquartered in Brooklyn, New York, and currently
has twenty-one 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.
Contact Information: Contact:
Kenneth Ceonzo
Director of Investor Relations
718-782-6200 extension 8279