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Business

LI bank declares quarterly dividend

First National Bank of Long Island branch in

First National Bank of Long Island branch in Woodbury Photo Credit: Patricia Caleca

First of Long Island Corp., of Glen Head, will pay a 23-cent-per-share quarterly dividend to stockholders, the bank said Wednesday.

That's a penny more than the bank paid shareholders in the previous quarter, which works out to a 4.5 percent increase quarter to quarter.

First of Long Island will pay the dividend Oct. 14 to those who hold stock as of Oct. 6.

First of Long Island Corp. has a single subsidiary, First National Bank of Long Island, with branches in Nassau, Suffolk and Manhattan. It has 21 full service offices, 12 commercial banking offices and two "select service banking centers."

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