GLEN HEAD, N.Y., March 06, 2017 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a first quarter cash dividend in the amount of $.14 per share. This represents a 5% increase over the split-adjusted dividend declared in the same quarter last year. The dividend will be paid on April 3, 2017 to shareholders of record on March 17, 2017.
The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-seven branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens, Brooklyn and Manhattan. The Bank expects to open two more branches in 2017 and continues to evaluate sites for further branch expansion.