GLEN HEAD, N.Y., Sept. 16, 2015 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.20 per share. This represents a 7.1% increase over the split-adjusted dividend declared in the same quarter last year of $.1867 per share. The dividend will be paid on October 9, 2015 to shareholders of record on September 30, 2015.
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has 41 branches in Nassau and Suffolk Counties, Long Island and Manhattan. The Bank expects to open its forty-second branch in Howard Beach, Queens by the end of this month. The Bank also expects to open branches in Whitestone, Queens and East Islip and Hewlett, Long Island over the next twelve months.
Mark D. Curtis, EVP, CFO & Treasurer (516) 671-4900, Ext. 585
Source:The First of Long Island Corporation