GLEN HEAD, N.Y., June 18, 2014 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a second quarter cash dividend in the amount of 26 cents per share. This represents a 4% increase over the dividend of 25 cents per share declared in the same quarter last year. The dividend will be paid on July 11, 2014 to shareholders of record on July 1, 2014.
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has thirty-seven branches in Nassau and Suffolk Counties, Long Island and Manhattan. The Bank expects to open it thirty-eighth branch in Oceanside, Long Island in July, its thirty-ninth branch in Manhasset, Long Island in the fourth quarter and its fortieth branch in Greenlawn, Long Island in early 2015.
CONTACT: For More Information Contact: Mark D. Curtis, EVP, CFO & Treasurer (516) 671-4900, Ext. 556Source:The First of Long Island Corporation