The First of Long Island Corporation Delivers Yet Another Cash Dividend: A Look at FLIC’s Commitment to Shareholders
The First of Long Island Corporation (FLIC) recently announced a second quarter cash dividend of $.21 per share, further solidifying their commitment to providing value to their shareholders.This news comes on the heels of their previous successes in delivering dividends and driving growth, as highlighted in their press release Delivering Dividends and Driving Growth from September 29, 2023.
FLIC’s 12 Months dividend payout ratio has seen a sequential increase to 77.9 in the first quarter of 2024, showcasing their dedication to rewarding investors.While there are companies in the Financial sector with higher dividend payout ratios, FLIC ranks higher than 304 companies overall in the fourth quarter of 2023.
With a track record of consistently delivering dividends and outperforming their peers, FLIC’s latest announcement of a cash dividend further reinforces their position as a strong player in the market.Shareholders can look forward to receiving their dividends on July 18, 2024, with the record date set for July 10, 2024.
Comments