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) -- July 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 August 15, 2005, to all
stockholders of record as of August 1, 2005. This dividend is the 33rd
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 $3.27 billion in assets as of June 30, 2005,
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.