The First of Long Island Corporation Announces Dividend
The First of Long Island Corporation (Nasdaq: FLIC) recently shared significant news regarding its first-quarter cash dividend, which has been set at $0.21 per share. This dividend is a reflection of the company’s robust performance and its commitment to providing value to its shareholders.
Key Details of the Dividend Announcement
The payout date for this cash dividend is scheduled for early April, ensuring that those shareholders who hold shares by the established record date, March 24, will receive their dividends promptly. This shows the company’s intent to reward its loyal shareholders and maintain a steady flow of returns.
Understanding the Company’s Banking Operations
The First of Long Island Corporation serves as the parent entity of First National Bank of Long Island, which plays a vital role in the community. This bank operates across a network of branches positioned strategically on Long Island and in New York City, catering to a wide range of consumer and business banking needs.
Comprehensive Banking Services Offered
Through its brand, First National Bank LI, the organization provides an extensive array of services, including lending solutions, deposit accounts, investment products, and digital banking options. This wide range empowers consumers and businesses alike, ensuring they have the tools necessary for financial success.
Customer-Centric Approach
The culture at First National Bank LI revolves around exceptional customer service, emphasizing a "Customer First" philosophy. This focus has fostered strong relationships with small to medium-sized enterprises, not-for-profits, municipalities, and everyday consumers, highlighting their dedication to meeting the diverse needs of the community.
The Leadership Behind the Success
Leadership within First of Long Island Corporation is pivotal, with experienced professionals steering the organization toward continued success. Janet Verneuille, the Senior Executive Vice President and Chief Financial Officer, is one of the key figures committed to enhancing shareholder value and managing the company’s financial strategies effectively.
Contacting the Company
For those interested in more information or inquiries regarding the corporation and its services, Janet Verneuille can be reached directly at (516) 671-4900, Ext. 7462. Inquiries related to dividends or banking services can provide shareholders and potential customers with the necessary guidance and information.
Frequently Asked Questions
What is the dividend amount declared by The First of Long Island Corporation?
The declared dividend amount is $0.21 per share for the first quarter.
When will the dividend be paid?
The payment date for the dividend is scheduled for April 3.
Who is eligible to receive the dividend?
Shareholders who own shares by the record date of March 24 are eligible to receive the dividend.
What banking services does First National Bank of Long Island offer?
They offer a variety of services, including business and consumer lending, digital banking, and investment solutions.
How can I contact The First of Long Island Corporation for more information?
You can contact Janet Verneuille, SEVP & CFO, at (516) 671-4900, Ext. 7462 for inquiries.
