Dimeco, Inc. (DIMC) to Issue Quarterly Dividend of $0.42 on April 24th

Dimeco, Inc. (OTCMKTS:DIMC) announced a quarterly dividend on Thursday, March 20th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.42 per share on Thursday, April 24th. This represents a $1.68 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date is Monday, March 31st.

Dimeco Stock Down 0.2 %

Shares of DIMC stock traded down $0.06 during trading hours on Friday, hitting $37.84. 860 shares of the company were exchanged, compared to its average volume of 902. The firm has a fifty day moving average of $38.85 and a 200 day moving average of $38.90. Dimeco has a 1 year low of $34.05 and a 1 year high of $42.00. The firm has a market cap of $95.96 million, a PE ratio of 7.41 and a beta of 0.10.

Dimeco (OTCMKTS:DIMC) last announced its quarterly earnings data on Thursday, January 23rd. The company reported $1.44 earnings per share (EPS) for the quarter. Dimeco had a net margin of 19.51% and a return on equity of 13.09%.

Dimeco Company Profile

Dimeco, Inc operates as the bank holding company for The Dime Bank that provides banking products and services to individuals and businesses in Pennsylvania. It accepts various deposits, including checking, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides consumer, home equity, mortgage, construction, student, business term, business vehicle, business equipment, capital improvement, and commercial real estate loans; business lines of credit; and acquisition financing and investment services.