Dimeco, Inc. Announces Quarterly Dividend of $0.42 (OTCMKTS:DIMC)

Dimeco, Inc. (OTCMKTS:DIMC - Get Free Report) declared a quarterly dividend on Thursday, March 20th, NASDAQ Dividends reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date is Monday, March 31st.

Dimeco Price Performance

OTCMKTS:DIMC traded down $0.33 during trading hours on Wednesday, hitting $37.50. The company's stock had a trading volume of 710 shares, compared to its average volume of 878. The company has a market capitalization of $95.10 million, a P/E ratio of 7.34 and a beta of 0.10. Dimeco has a twelve month low of $34.05 and a twelve month high of $42.00. The stock has a fifty day simple moving average of $38.85 and a 200-day simple moving average of $38.89.

Dimeco (OTCMKTS:DIMC - Get Free Report) last posted its earnings results on Thursday, January 23rd. The company reported $1.44 earnings per share 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.