Elevating Investor Returns: First of Long Island Delivers Strong Performance and Growing Profits
Portfolio Pulse from Benzinga Insights
First of Long Island (NASDAQ:FLIC) is distributing a dividend of $0.21 per share, leading to an annualized dividend yield of 7.30%. The company's dividend per share and earnings per share have shown a positive trend from 2019 to 2022, indicating a healthy financial status. The company's dividend yield is in the middle when compared to its industry peers, with Financial Institutions (NASDAQ:FISI) having the highest annualized dividend yield at 7.38%.

October 19, 2023 | 3:05 pm
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NEUTRAL IMPACT
Financial Institutions has the highest annualized dividend yield at 7.38% among its industry peers.
While Financial Institutions is mentioned as having the highest dividend yield among its peers, the news does not provide any additional information that could directly impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
First of Long Island's dividend distribution and positive financial trends indicate a potential for steady returns for investors. The company's dividend yield is competitive within its industry.
The company's consistent dividend distribution and increasing earnings per share indicate a strong financial position. This is likely to attract income-seeking investors and could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100