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The First of Long Island Corporation Announces Fourth Quarter Cash Dividend of $.21 Per Share

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The First of Long Island Corporation (Nasdaq: FLIC) has declared a fourth quarter cash dividend of $0.21 per share, marking a 5.0% increase from last year's $0.20 per share. This dividend will be paid on January 12, 2023, to shareholders of record as of January 3, 2023. The company operates The First National Bank of Long Island, offering diverse financial services to individuals and businesses across Long Island and New York City.

Positive
  • Dividend increased by 5.0%, enhancing shareholder income.
  • Consistent dividend payment reflects company confidence and financial stability.
Negative
  • None.

MELVILLE, N.Y., Dec. 16, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.21 per share. This represents a 5.0% increase over the dividend of $.20 per share declared in the same quarter last year. The dividend will be paid on January 12, 2023 to shareholders of record on January 3, 2023.

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:
Jay McConie, EVP & CFO
(516) 671-4900, Ext. 7404


FAQ

What is the dividend amount declared by FLIC for Q4 2022?

The dividend amount declared is $0.21 per share.

When will the FLIC dividend be paid?

The dividend will be paid on January 12, 2023.

What is the record date for the FLIC dividend payment?

The record date for the dividend payment is January 3, 2023.

How much has FLIC increased its dividend compared to last year?

FLIC has increased its dividend by 5.0% from $0.20 to $0.21 per share.

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NASDAQ:FLIC

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0.36%
Banks - Regional
National Commercial Banks
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United States of America
MELVILLE