The First of Long Island Corporation Announces Second Quarter Cash Dividend of $.18 per Share
Rhea-AI Summary
The First of Long Island Corporation (Nasdaq: FLIC) has declared a second quarter cash dividend of $0.18 per share, marking a 5.9% increase from last year's $0.17 per share. This dividend will be distributed on July 20, 2020, to shareholders on record as of July 9, 2020. The company's sole subsidiary, The First National Bank of Long Island, operates 52 branches across Nassau and Suffolk Counties and in the boroughs of Queens, Brooklyn, and Manhattan.
Positive
- Dividend increased by 5.9% to $0.18 per share.
- Dividend payment scheduled for July 20, 2020.
Negative
- None.
News Market Reaction – FLIC
In the trading session that priced this news, FLIC gained 1.61%, 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, 2020 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a second quarter cash dividend in the amount of $.18 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 fifty-two 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