LI bank's shareholder payments rise 4.5 percent

The First of Long Island Corp. says its first-quarter dividend, announced Friday, is 4.5 percent higher than in the same quarter last year.

The company, which operates First National Bank of Long Island, will pay 23 cents a share, up a penny from last year's first-quarter dividend, on April 2 to shareholders of record as of March 19.

The bank has 21 full-service offices, 12 commercial banking offices and two select-service banking centers in Nassau and Suffolk, and in Manhattan.

Its shares were up 9 cents to $25.78 in early trading Friday.