Dime Community (DCOM) Bancshares announced its intention to redeem at par on March 30, all of its outstanding $40,000,000 principal amount of Fixed/Floating Subordinated Debentures due 2030. The proposed redemption is part of the Company’s ongoing capital management strategy and reflects its strong capital position and liquidity profile. The redemption of the Debentures is expected to be funded with cash on hand and will be accretive to EPS.
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