GLEN HEAD, New York, Dec. 15, 2015 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on January 8, 2016 to shareholders of record on December 29, 2015.
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-three branches in Nassau and Suffolk Counties, Long Island, Queens and Manhattan. The Bank expects to open branches in East Islip and Hewlett, Long Island in 2016.