The First of Long Island Corporation Announces 5.3% Increase in Quarterly Cash Dividend to $.20 Per Share
Rhea-AI Summary
On September 24, 2021, The First of Long Island Corporation (Nasdaq: FLIC) declared a third quarter cash dividend of $0.20 per share, marking a 5.3% increase from last year's $0.19. This dividend will be payable on October 18, 2021, to shareholders recorded as of October 8, 2021. The First National Bank of Long Island, the corporation's sole subsidiary, operates 47 branches across Long Island and parts of New York City.
Positive
- Increased dividend from $0.19 to $0.20 per share, reflecting company confidence.
Negative
- None.
News Market Reaction – FLIC
In the trading session that priced this news, FLIC gained 2.03%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GLEN HEAD, N.Y., Sept. 24, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.20 per share. This represents a
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-seven branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens, Brooklyn and Manhattan.
For More Information Contact:
Jay McConie, EVP & CFO
(516) 671-4900, Ext. 7404
