Dimeco, Inc. (OTCMKTS:DIMC - Get Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 200 shares, an increase of 100.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company's shares are short sold.
Dimeco Trading Up 0.8 %
OTCMKTS:DIMC traded up $0.30 on Monday, hitting $35.90. 300 shares of the company's stock traded hands, compared to its average volume of 916. The company has a market cap of $91.15 million, a PE ratio of 7.03 and a beta of -0.05. Dimeco has a 1 year low of $34.45 and a 1 year high of $42.00. The firm has a 50-day moving average price of $37.45 and a 200-day moving average price of $38.60.
Dimeco (OTCMKTS:DIMC - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The company reported $1.44 earnings per share (EPS) for the quarter. Dimeco had a return on equity of 13.09% and a net margin of 19.51%.
Dimeco Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Monday, March 31st will be issued a dividend of $0.42 per share. The ex-dividend date is Monday, March 31st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.68%. Dimeco's dividend payout ratio is 32.88%.
About Dimeco
(
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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.
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