GLEN HEAD, N.Y., Dec. 18, 2017 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.15 per share. This represents a 7.1% increase over the dividend declared in the same quarter last year. The dividend will be paid on January 10, 2018 to shareholders of record on December 29, 2017.
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has fifty branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens, Brooklyn and Manhattan. The Bank expects to open three or four 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
Source:The First of Long Island Corporation