The First of Long Island Co. (FLIC) To Go Ex-Dividend on March 24th

The First of Long Island Co. (NASDAQ:FLIC) declared a quarterly dividend on Thursday, March 13th, Wall Street Journal reports. Shareholders 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 dividend 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% annually over the last three years.

First of Long Island Trading Down 1.1 %

Shares of FLIC opened at $12.07 on Friday. The stock’s 50-day moving average is $12.62 and its two-hundred day moving average is $12.92. The stock has a market cap of $273.20 million, a PE ratio of 16.09 and a beta of 0.75. First of Long Island has a 12 month low of $9.30 and a 12 month high of $15.03. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.98 and a quick ratio of 0.98.

First of Long Island (NASDAQ:FLIC) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.10). First of Long Island had a return on equity of 4.74% and a net margin of 9.52%.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on First of Long Island in a research note on Thursday. They issued a “hold” rating on the stock.

First of Long Island Company Profile

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.