At the end of July 20, 2023, First of Long Island FLIC will reward its shareholders with a dividend payout of $0.21 per share, demonstrating an annualized dividend yield of 6.94%. Remember, only investors who held the stock before the ex-dividend date on July 11, 2023 will receive this payout.
First of Long Island Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-11 | 4 | $0.21 | 6.94% | 2023-06-30 | 2023-07-12 | 2023-07-20 |
| 2023-03-15 | 4 | $0.21 | 4.95% | 2023-03-03 | 2023-03-16 | 2023-03-24 |
| 2022-12-30 | 4 | $0.21 | 4.64% | 2022-12-16 | 2023-01-03 | 2023-01-12 |
| 2022-10-11 | 4 | $0.21 | 4.83% | 2022-09-30 | 2022-10-12 | 2022-10-21 |
| 2022-07-13 | 4 | $0.2 | 4.56% | 2022-07-01 | 2022-07-14 | 2022-07-22 |
| 2022-03-15 | 4 | $0.2 | 3.68% | 2022-03-04 | 2022-03-16 | 2022-03-24 |
| 2022-01-04 | 4 | $0.2 | 3.68% | 2021-12-17 | 2022-01-05 | 2022-01-14 |
| 2021-10-07 | 4 | $0.2 | 3.97% | 2021-09-24 | 2021-10-08 | 2021-10-18 |
| 2021-07-07 | 4 | $0.19 | 3.64% | 2021-06-25 | 2021-07-08 | 2021-07-16 |
| 2021-03-09 | 4 | $0.19 | 3.95% | 2021-02-25 | 2021-03-10 | 2021-03-19 |
| 2021-01-08 | 4 | $0.19 | 4.12% | 2020-12-18 | 2021-01-11 | 2021-01-21 |
| 2020-10-09 | 4 | $0.19 | 5.34% | 2020-09-25 | 2020-10-13 | 2020-10-22 |
With the highest dividend yield among its industry peers, First of Long Island outshines Financial Institutions FISI, who have an annualized dividend yield of 6.87%.
Analyzing First of Long Island Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.70 to $0.82. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For First of Long Island
From 2019 to 2022, First of Long Island has demonstrated an upward trend in earnings, with earnings per share rising from $1.69 to $2.03. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article delves into the recent dividend payout of First of Long Island and its implications for shareholders. Presently, the company is distributing a dividend of $0.21 per share, leading to an annualized dividend yield of 6.94%.
With the highest dividend yield among its industry peers, First of Long Island outshines Financial Institutions, who have an annualized dividend yield of 6.87%.
The upward trend in dividend per share and earnings per share for First of Long Island from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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