Dimeco, Inc. (DIMC) To Go Ex-Dividend on December 31st

Dimeco, Inc. (OTCMKTS:DIMC) announced a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.42 per share on Thursday, January 23rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a positive change from Dimeco’s previous quarterly dividend of $0.40.

Dimeco Price Performance

DIMC stock opened at $38.50 on Friday. Dimeco has a 1-year low of $33.50 and a 1-year high of $42.00. The stock has a market capitalization of $97.64 million, a P/E ratio of 7.55 and a beta of 0.09. The business has a fifty day moving average price of $39.77 and a 200-day moving average price of $38.46.

Dimeco (OTCMKTS:DIMC) last posted its earnings results on Thursday, October 24th. The company reported $1.53 earnings per share (EPS) for the quarter. The business had revenue of $12.07 million for the quarter. Dimeco had a net margin of 20.06% 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.