The First of Long Island Corporation Declares Q3 Dividend
The First of Long Island Corporation Declares Third Quarter Dividend
The First of Long Island Corporation (NASDAQ: FLIC) has recently made an exciting announcement regarding its financial commitment to shareholders. The company declared a cash dividend of $0.21 per share for the third quarter. This decision reflects the corporation's ongoing dedication to providing value to its investors.
Details of the Dividend Announcement
The dividend is set to be distributed on a specified date, allowing shareholders to plan accordingly. Such distributions are crucial as they represent a return on investment for shareholders who hold the company's stock. The payout will be issued on a date that ensures all shareholders of record will receive their dividends, further highlighting the company's transparency in financial operations.
Business Operations and Services
The First of Long Island Corporation serves as the parent organization for The First National Bank of Long Island. Renowned for its robust branch network under the branding of First National Bank LI, the organization places a strong emphasis on catering to the business and consumer requirements across Long Island and New York City.
A Diverse Range of Offerings
First National Bank LI offers an extensive array of financial products, including lending, deposit accounts, investment services, and innovative digital offerings. The focus on a diverse portfolio of services allows the bank to meet the varied needs of its clients. Its commitment to delivering exceptional service has established a strong reputation, particularly among small to middle-market businesses, not-for-profits, municipalities, and individual consumers.
Commitment to Customer Service
What truly sets The First National Bank LI apart is its dedication to customer service. The organization fosters a culture that prioritizes the customer experience, leading to what many have described as a “Customer First” banking approach. This dedication not only enhances client satisfaction but also strengthens the bank's position in a competitive financial landscape.
Contact Information for Shareholder Inquiries
For those seeking further information regarding this dividend announcement or other inquiries, the bank encourages interested parties to reach out directly. Janet Verneuille, Senior Executive Vice President & Chief Financial Officer, can be contacted at (516) 671-4900, Ext. 7462 for any questions or clarifications regarding the company’s financial updates and strategic initiatives.
Frequently Asked Questions
1. What is the cash dividend declared by The First of Long Island Corporation?
The declared cash dividend is $0.21 per share for the third quarter.
2. When will the dividend be paid to shareholders?
The dividend payment is scheduled for October 21, 2024.
3. Who is eligible to receive the dividend?
Shareholders of record as of October 11, 2024, will be eligible for the dividend payment.
4. What products does First National Bank LI offer?
First National Bank LI offers a variety of services, including lending, deposit accounts, and investment services.
5. How can shareholders get more information?
Shareholders can contact Janet Verneuille, SEVP & CFO, by phone for further details.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.