GLEN HEAD, N.Y., March 02, 2018 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a first 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 April 4, 2018 to shareholders of record on March 16, 2018.
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, and will open its fifty-first branch in Bay Terrace, Queens this month. The Bank expects to open three or four more branches over the next twelve to fifteen months 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