GLEN HEAD, N.Y., Nov. 15, 2012 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of 25 cents per share. This represents an 8.7% increase over the dividend of 23 cents per share declared in the same quarter last year. The dividend will be paid on December 7, 2012 to shareholders of record on November 28, 2012.
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has twenty-one full service offices, twelve commercial banking offices and two select service banking centers in Nassau and Suffolk Counties and Manhattan. The Bank will open a new full service branch in Lindenhurst, Long Island later this quarter.
CONTACT: Mark D. Curtis, Senior Vice President & Treasurer (516) 671-4900, Ext. 556Source:The First of Long Island Corporation