The First of Long Island Corporation Announces Second Quarter Cash Dividend of $.19 per Share

Rhea-AI Summary

The First of Long Island Corporation (Nasdaq: FLIC) has declared a second quarter cash dividend of $0.19 per share, marking a 5.6% increase from $0.18 per share in the same quarter last year. This dividend will be paid on July 16, 2021 to shareholders of record as of July 8, 2021. The company's sole subsidiary, The First National Bank of Long Island, operates forty-seven branches across Long Island and parts of New York City.

Positive

• Dividend increased by 5.6% from the prior year.
• Dividend payment signifies strong financial performance.

Negative

• None.

GLEN HEAD, N.Y., June 25, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a second quarter cash dividend in the amount of $.19 per share. This represents a 5.6% increase over the dividend of $.18 per share declared in the same quarter last year. The dividend will be paid on July 16, 2021 to shareholders of record on July 8, 2021.

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

FAQ

What is the dividend amount declared by FLIC?

The dividend amount declared by FLIC is $0.19 per share.

When will FLIC's dividend be paid?

The dividend will be paid on July 16, 2021.

What was the previous dividend amount for FLIC?

The previous dividend amount for FLIC was $0.18 per share.

Who qualifies for the FLIC dividend payment?

Shareholders of record on July 8, 2021, will qualify for the dividend payment.