GLEN HEAD, N.Y., Sept. 21, 2016 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.21 per share. This represents a 5% increase over the dividend of $.20 per share declared in the same quarter last year. The dividend will be paid on October 14, 2016 to shareholders of record on October 5, 2016.
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-four branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens and Manhattan. The Bank expects to open three more branches over the next six months and continues to evaluate sites for further branch expansion.