The First of Long Island Corporation Announces Third Quarter Cash Dividend of $.21 per Share
Rhea-AI Summary
The First of Long Island (Nasdaq: FLIC) has declared a third quarter cash dividend of $.21 per share. This dividend will be paid on October 21, 2024 to shareholders of record on October 11, 2024.
The First of Long Island is the parent company of The First National Bank of Long Island, which operates under the brand First National Bank LI. The bank focuses on serving business and consumer needs on Long Island and in New York City, offering a wide range of lending, deposit, investment, and digital products. First National Bank LI is known for its commitment to delivering exceptional service and a 'Customer First' banking experience to small and middle market businesses, professional service firms, not-for-profits, municipalities, and consumers.
Positive
- Declared quarterly cash dividend of $0.21 per share
- Consistent dividend payment indicates financial stability
- Broad product offering including lending, deposit, investment, and digital services
- Focus on serving diverse customer base including businesses and consumers
Negative
- None.
News Market Reaction
On the day this news was published, FLIC declined 1.48%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MELVILLE, N.Y., Oct. 01, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.21 per share. The dividend will be paid on October 21, 2024 to shareholders of record on October 11, 2024.
The First of Long Island Corporation is the parent company of The First National Bank of Long Island. Through its branch network branded as First National Bank LI, the Bank focuses on business and consumer needs on Long Island and in New York City. We offer a broad set of lending, deposit, investment, and digital products. First National Bank LI is known for its culture of delivering extraordinary service and a “Customer First” banking experience to small and middle market businesses, professional service firms, not-for-profits, municipalities and consumers.
For More Information Contact:
Janet Verneuille, SEVP & CFO
(516) 671-4900, Ext. 7462