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First of Long Island (First of Long Island) 3-Year Dividend Growth Rate

: 15.20% (As of Dec. 2023)
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First of Long Island's Dividends per Share for the three months ended in Dec. 2023 was $0.42.

The historical rank and industry rank for First of Long Island's 3-Year Dividend Growth Rate or its related term are showing as below:

FLIC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -1.8   Med: 11.25   Max: 26
Current: 15.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First of Long Island was 26.00% per year. The lowest was -1.80% per year. And the median was 11.25% per year.

FLIC's 3-Year Dividend Growth Rate is ranked better than
72.27% of 779 companies
in the Banks industry
Industry Median: 7.5 vs FLIC: 15.20

During the past 12 months, First of Long Island's average Dividends Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

First of Long Island's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.56. As of today, First of Long Island's Dividend Yield % is 7.89%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First of Long Island Corp is 0.72, which seems too high.

Good Sign:

First of Long Island Corp stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, First of Long Island's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First of Long Island 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, First of Long Island's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First of Long Island's 3-Year Dividend Growth Rate falls into.



First of Long Island 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


First of Long Island  (NAS:FLIC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

First of Long Island's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.42/ 0.27
=1.56

During the past 13 years, the highest Dividend Payout Ratio of First of Long Island was 0.73. The lowest was 0.30. And the median was 0.41.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First of Long Island Corp is 0.72, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

First of Long Island Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2102024-03-122024-03-132024-03-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-12-292024-01-022024-01-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-10-102023-10-112023-10-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-07-112023-07-122023-07-20Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First of Long Island's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.84/10.64
=7.89 %

Current Share Price is $10.64.
First of Long Island's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.84.

During the past 13 years, the highest Dividend Yield of First of Long Island was 8.38%. The lowest was 1.78%. And the median was 2.91%.

Good Sign:

First of Long Island Corp stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First of Long Island 3-Year Dividend Growth Rate Related Terms>


First of Long Island (First of Long Island) Business Description

Traded in Other Exchanges
N/A
Address
275 Broadhollow Road, Melville, NY, USA, 11747
First of Long Island Corp is a holding company that provides financial services. It offers services of saving accounts, current accounts, and capital gain accounts. The company also provides lending services, such as commercial and residential mortgage loans, industrial loans, small business credit scored loans, and other credit facilities. In addition, the company provides account reconciliation services, ATM Banking, bill payment, cash management services, mobile banking, online banking, and payroll services to privately owned businesses, professionals, consumers, and public bodies. Revenue earned by the company mainly consists of the interest on loans and investment securities, fees on deposit accounts, and income from investment management.
Executives
Christopher J Hilton officer: Executive Vice President C/O SUFFOLK BANCORP, 4 WEST SECOND STREET, PO BOX 9000, RIVERHEAD NY 11901
Tanweer Sheikh Ansari officer: EVP, Internal Counsel 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Cooper John Abbott Root director 215 EAST 72ND STREET, 7W, NEW YORK NY 10021
Susanne Pheffer officer: EVP, Chief Information Officer 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Edward J. Haye director 275 BROADHOLLOW ROAD, MELVILLE NY 11747
Paul T Canarick director
Milbrey Rennie Taylor director C/O THE FIRST OF LONG ISLAND CORPORATION, 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Teagle Walter C Iii director
Michael J. Spolarich officer: EVP, Chief Credit Officer 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Christopher Becker officer: Vice President 37 COOPER LANE, EAST HAMPTON NY 11937
Janet T Verneuille officer: Executive Vice President PO BOX 3005, BRIDGEHAMPTON NY 11932
Alexander L Cover director
Michael N Vittorio director, officer: President & CEO
Jay P Mcconie officer: Executive Vice President, CFO 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Mark D Curtis officer: Sr. Vice President & Treasurer