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

Dimeco, Inc. (OTCMKTS:DIMC) 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 annualized dividend and a dividend yield of 4.44%. The ex-dividend date of this dividend is Monday, March 31st.

Dimeco Stock Down 0.2 %

OTCMKTS:DIMC traded down $0.06 on Friday, reaching $37.84. 860 shares of the company’s stock were exchanged, compared to its average volume of 902. The business has a fifty day moving average of $38.85 and a 200-day moving average of $38.90. Dimeco has a 52-week low of $34.05 and a 52-week high of $42.00. The firm has a market capitalization of $95.96 million, a price-to-earnings ratio of 7.41 and a beta of 0.10.

Dimeco (OTCMKTS:DIMC) last released 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%.

About Dimeco

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.