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.
News Market Reaction – FLIC
In the trading session that priced this news, FLIC gained 0.43%, reflecting a mild 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., 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
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