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

Dimeco, Inc. (OTCMKTS:DIMC) declared a quarterly dividend on Thursday, March 20th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be given a dividend of 0.42 per share on Thursday, April 24th. This represents a $1.68 annualized dividend and a yield of 4.51%. The ex-dividend date is Monday, March 31st.

Dimeco Stock Performance

OTCMKTS DIMC opened at $37.25 on Friday. The stock’s fifty day moving average is $38.76 and its two-hundred day moving average is $38.85. The firm has a market capitalization of $94.47 million, a P/E ratio of 7.29 and a beta of 0.10. Dimeco has a fifty-two week low of $34.30 and a fifty-two week high of $42.00.

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

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.