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.

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 5.9% increase over the dividend of $.17 per share declared in the same quarter last year.  The dividend will be paid on July 20, 2020 to shareholders of record on July 9, 2020.

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

FAQ

What is the dividend amount declared by FLIC for Q2 2020?

The dividend amount declared by FLIC for Q2 2020 is $0.18 per share.

When will the dividend be paid to shareholders of FLIC?

The dividend will be paid on July 20, 2020.

What was the previous dividend amount declared by FLIC in Q2 2019?

The previous dividend amount declared in Q2 2019 was $0.17 per share.

Who is eligible to receive the dividend from FLIC?

Shareholders of record on July 9, 2020, will be eligible to receive the dividend.