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Dime Community Bancshares' Preferred Stock Series A Shares Cross 7% Yield Mark

In trading on Tuesday, shares of Dime Community Bancshares Inc's 5.50% Non-Cumul Prep Preferred Stock Ser A (DCOMP) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $19.60 on the day. This compares to an average yield of 6.44% in the "Financial" preferred stock category, according to Preferred Stock Channel..

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Dime Community Bancshares, Inc. (DCOM)