The First of Long Island Corporation Announces Fourth Quarter Cash Dividend of $.21 per Share
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The First of Long Island Corporation declared a fourth quarter cash dividend of $0.21 per share, payable on January 9, 2025, to shareholders of record as of December 31, 2024.
December 20, 2024 | 2:30 pm
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The First of Long Island Corporation declared a fourth quarter cash dividend of $0.21 per share, indicating a stable return to shareholders.
The announcement of a cash dividend is generally seen as a positive signal, indicating financial stability and a commitment to returning value to shareholders. This can lead to a short-term positive impact on the stock price as investors may be attracted to the dividend yield.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100