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

The First of Long Island Co. (NASDAQ:FLICGet Free Report) declared a quarterly dividend on Thursday, March 13th, Wall Street Journal reports. Investors 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 yield of 6.96%. The ex-dividend date of this dividend is Monday, March 24th.

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

First of Long Island Stock Performance

Shares of NASDAQ FLIC opened at $12.07 on Friday. The stock has a fifty day moving average price of $12.62 and a two-hundred day moving average price of $12.92. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market cap of $273.20 million, a P/E ratio of 16.09 and a beta of 0.75. First of Long Island has a 1 year low of $9.30 and a 1 year high of $15.03.

First of Long Island (NASDAQ:FLICGet Free Report) last issued 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%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on First of Long Island in a research note on Thursday. They set a “hold” rating for the company.

View Our Latest Analysis 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.

Further Reading

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

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