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 -- (MARKET WIRE) -- January 18, 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 February 15, 2007, to all
stockholders of record as of January 31, 2007. This dividend is the 39th
consecutive quarterly cash dividend paid by the Company.
About Dime Community Bancshares
Dime Community Bancshares, Inc. (NASDAQ : DCOM ) (the "Company") has $3.14
billion in consolidated assets as of September 30, 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.