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GLEN HEAD, N.Y., Sept. 29, 2017 -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.15 per share. This represents a 7.1% increase over the split-adjusted dividend declared in the same quarter last year. The dividend will be paid on October 20, 2017 to shareholders of record on October 11, 2017.
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-eight branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens, Brooklyn and Manhattan. The Bank expects to open four to six more branches by the end of 2018 and continues to evaluate sites for further branch expansion.
For More Information Contact:
Mark D. Curtis, SEVP, CFO & Treasurer
(516) 671-4900, Ext. 7413
