Dimeco, Inc. to Issue Quarterly Dividend of $0.40 (OTCMKTS:DIMC)

Dimeco, Inc. (OTCMKTS:DIMC) declared a quarterly dividend on Thursday, June 20th, NASDAQ reports. Investors of record on Monday, July 1st will be given a dividend of 0.40 per share on Thursday, July 25th. This represents a $1.60 annualized dividend and a yield of 4.46%. The ex-dividend date of this dividend is Monday, July 1st.

Dimeco Price Performance

OTCMKTS DIMC opened at $35.89 on Friday. The business has a fifty day moving average price of $36.54 and a 200 day moving average price of $35.37. Dimeco has a one year low of $32.01 and a one year high of $39.90. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.86 and a quick ratio of 0.86.

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.