Today, October 19, 2023, marks an important moment for investors of First of Long Island FLIC. The company will distribute a dividend payout of $0.21 per share, demonstrating an annualized dividend yield of 7.30%. Remember, only shareholders prior to the ex-dividend date on October 10, 2023 are eligible for this payout.
First of Long Island Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-10 | 4 | $0.21 | 7.3% | 2023-09-29 | 2023-10-11 | 2023-10-19 |
| 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 |
When comparing First of Long Island's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Financial Institutions FISI having the highest annualized dividend yield at 7.38%.
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
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.70 in 2019 to $0.82 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For First of Long Island
From 2019 to 2022, First of Long Island experienced a growth in earnings per share, with an increase from $1.69 to $2.03. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
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 7.30%.
When comparing First of Long Island's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Financial Institutions having the highest annualized dividend yield at 7.38%.
With an increase in dividend per share and earnings per share from 2019 to 2022, First of Long Island demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on First of Long Island's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
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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