SOURCE: Dime Community Bancshares, Inc.

Dime Community Bancshares, Inc.

April 20, 2009 16:30 ET

Dime Community Bancshares Declares Quarterly Cash Dividend

BROOKLYN, NY--(Marketwire - April 20, 2009) - Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company"), 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, 2009, to all stockholders of record as of April 30, 2009. This dividend is the 48th consecutive quarterly cash dividend paid by the Company.

ABOUT DIME COMMUNITY BANCSHARES

The Company (NASDAQ: DCOM) had $4.06 billion in consolidated assets as of December 31, 2008, and is the parent company of the Bank. The Bank was founded in 1864, is headquartered in Brooklyn, New York, and currently has twenty-three 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.dime.com.

Contact Information

  • Contact:
    Kenneth Ceonzo
    Director of Investor Relations
    718-782-6200 extension 8279