Contact Information: Contact: Kenneth Ceonzo Director of Investor Relations 718-782-6200 extension 8279
Dime Community Bancshares Declares Quarterly Cash Dividend
| Source: Dime Community Bancshares, Inc.
BROOKLYN, NY--(Marketwire - July 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 August 15, 2007, to all stockholders of record as of
July 31, 2007. This dividend is the 41st consecutive quarterly cash
dividend paid by the Company.
About Dime Community Bancshares
Dime Community Bancshares, Inc. (the "Company") had $3.30 billion in
consolidated assets as of March 31, 2007, and is the parent company of
Dime. Dime 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 can
be found on the Dime's Internet website at www.dimedirect.com.