The First of Long Island Co. (NASDAQ:FLIC) Announces Quarterly Dividend of $0.21

The First of Long Island Co. (NASDAQ:FLICGet Free Report) declared a quarterly dividend on Friday, March 14th, Wall Street Journal reports. Shareholders of record on Monday, March 24th will be paid a dividend of 0.21 per share by the bank on Thursday, April 3rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.00%. The ex-dividend date of this dividend is Monday, March 24th.

First of Long Island has increased its dividend payment by an average of 2.5% annually over the last three years.

First of Long Island Price Performance

Shares of First of Long Island stock traded up $0.22 on Friday, hitting $12.00. The company’s stock had a trading volume of 45,804 shares, compared to its average volume of 84,857. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.98 and a current ratio of 0.98. First of Long Island has a 1 year low of $9.30 and a 1 year high of $15.03. The firm has a fifty day moving average price of $12.55 and a 200-day moving average price of $12.95. The company has a market capitalization of $270.55 million, a price-to-earnings ratio of 16.00 and a beta of 0.75.

First of Long Island (NASDAQ:FLICGet Free Report) last released its quarterly earnings results on Thursday, January 30th. The bank reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.10). First of Long Island had a net margin of 9.52% and a return on equity of 4.74%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on First of Long Island in a research report on Wednesday. They issued a “hold” rating on the stock.

Check Out Our Latest Research Report on FLIC

First of Long Island Company Profile

(Get Free Report)

The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations. The company offers business and small business checking, personal checking, negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market, savings, time deposit, and individual retirement accounts.

See Also

Dividend History for First of Long Island (NASDAQ:FLIC)

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