GLEN HEAD, N.Y., June 22, 2016 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a second quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on July 15, 2016 to shareholders of record on July 5, 2016.
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-four branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens and Manhattan. The Bank anticipates opening three more branches during the next twelve months and continues to evaluate sites for further branch expansion.
For More Information Contact: Mark D. Curtis, EVP, CFO & Treasurer (516) 671-4900, Ext. 7413
Source:The First of Long Island Corporation