Flushing Financial Corporation (Nasdaq-GS:FFIC) has declared a quarterly dividend of $0.22 per common share, continuing its long-standing tradition of rewarding shareholders. The dividend will be payable on June 21, 2024, to shareholders of record as of June 10, 2024. This marks the 112th consecutive quarterly dividend for the Company, demonstrating its commitment to providing value to investors.
John R. Buran, President and CEO of Flushing Financial Corporation, emphasized the Company’s strong credit metrics and low-risk credit profile as key drivers of its financial performance. He outlined the Company’s priorities for 2024, including increasing net interest margin, maintaining credit discipline, preserving liquidity and capital, and managing expenses effectively.
Flushing Bank, the subsidiary of Flushing Financial Corporation, has been serving customers in New York City and Long Island since 1929. The bank offers a wide range of banking services, including deposit accounts, loans, equipment finance, and cash management services. With a focus on personalized customer service and multilingual staff, Flushing Bank has built strong relationships with diverse communities in the region.
Investors and analysts will be closely watching Flushing Financial Corporation’s performance in the coming months, as the Company navigates the evolving economic landscape. With a solid track record of financial stability and a commitment to shareholder value, Flushing Financial Corporation remains a key player in the banking industry.