First of Long Island (First of Long Island) Dividend Payout Ratio : 1.56 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is First of Long Island Dividend Payout Ratio?

First of Long Island's dividend payout ratio for the months ended in Dec. 2023 was 1.56.

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.

The historical rank and industry rank for First of Long Island's Dividend Payout Ratio or its related term are showing as below:

FLIC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.41 Max: 0.73
Current: 0.72

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.

FLIC's Dividend Payout Ratio is ranked worse than
88.72% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs FLIC: 0.72

As of today (2024-04-25), the Dividend Yield % of First of Long Island is 7.98%.

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

First of Long Island's Dividends per Share for the months ended in Dec. 2023 was $0.42.

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.

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.

The growth rate is calculated with least square regression.

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

First of Long Island Dividend Payout Ratio Historical Data

The historical data trend for First of Long Island's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

First of Long Island Dividend Payout Ratio Chart

First of Long Island Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.42

0.30

0.53

0.40

0.73

First of Long Island Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.96	0.72	-	0.70	1.56

Competitive Comparison of First of Long Island's Dividend Payout Ratio

For the Banks - Regional subindustry, First of Long Island's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First of Long Island's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First of Long Island's Dividend Payout Ratio falls into.

First of Long Island Dividend Payout Ratio Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.84	/	1.151
	=	0.73

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

First of Long Island (NAS:FLIC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

First of Long Island Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First of Long Island's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First of Long Island Corp (NAS:FLIC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

275 Broadhollow Road, Melville, NY, USA, 11747

Website

https://www.fnbli.com

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