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Flushing Financial Corporation Declares Quarterly Dividend of $0.22 per Share

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Flushing Financial Corporation (FFIC) announced a quarterly dividend of $0.22 per common share, marking the 110th consecutive quarterly dividend. The company is committed to returning capital to shareholders and is focused on enhancing its business model and financial performance. Flushing Bank, the company's subsidiary, offers a wide range of banking services and has been building relationships with customers since 1929.
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UNIONDALE, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that the Board of Directors (the “Board”) declared a quarterly dividend on its common stock of $0.22 per common share, payable on December 22, 2023, to shareholders of record at the close of business on December 8, 2023.

John R. Buran, the Company’s President and Chief Executive Officer stated: “This quarter’s dividend marks the 110th consecutive quarterly dividend and highlights the Company’s commitment to returning capital to shareholders. We continue to execute on our action plan to enhance the resilience of our business model and strengthen our financial performance.”  

FLUSHING FINANCIAL CORPORATION (Nasdaq: FFIC) is the holding company for Flushing Bank®, an FDIC insured, New York State—chartered commercial bank that operates banking offices in Queens, Brooklyn, Manhattan, and on Long Island. The Bank has been building relationships with families, business owners, and communities since 1929. Today, it offers the products, services, and conveniences associated with large commercial banks, including a full complement of deposit, loan, equipment finance, and cash management services. Rewarding customers with personalized attention and bankers that can communicate in the languages prevalent within these multicultural markets is what makes the Bank uniquely different. As an Equal Housing Lender and leader in real estate lending, the Bank’s experienced lending teams create mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area. The Bank also fosters relationships with consumers nationwide through its online banking division with the iGObanking® and BankPurely® brands. Additional information on Flushing Financial Corporation and Flushing Bank may be obtained by visiting the Company’s web site at FlushingBank.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Press Release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and in other documents filed by the Company with the Securities and Exchange Commission from time to time. Forward-looking statements may be identified by terms such as “may”, “will”, “should”, “could”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”, “forecasts”, “goals”, “potential” or “continue” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.

CONTACT:

Susan K. Cullen
Senior Executive Vice President,
Chief Financial Officer and Treasurer
Flushing Financial Corporation
(718) 961-5400

#FF

 


FAQ

What is the latest quarterly dividend declared by Flushing Financial Corporation (FFIC)?

The latest quarterly dividend declared by Flushing Financial Corporation (FFIC) is $0.22 per common share.

When is the quarterly dividend payable to shareholders of Flushing Financial Corporation (FFIC)?

The quarterly dividend is payable on December 22, 2023, to shareholders of record at the close of business on December 8, 2023.

What is the business model of Flushing Bank, the subsidiary of Flushing Financial Corporation (FFIC)?

Flushing Bank offers a full complement of deposit, loan, equipment finance, and cash management services. It also provides personalized attention and banking services in multiple languages.

How does Flushing Bank foster relationships with consumers nationwide?

Flushing Bank fosters relationships with consumers nationwide through its online banking division with the iGObanking® and BankPurely® brands.

Where can additional information on Flushing Financial Corporation and Flushing Bank be obtained?

Additional information on Flushing Financial Corporation and Flushing Bank can be obtained by visiting the Company’s website at FlushingBank.com.

Flushing Financial Corp

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