Flushing Financial Corporation Declares Quarterly Dividend of $ 0.21 Per Share | Your money
UNIONDALE, NY, November 23, 2021 (GLOBE NEWSWIRE) – Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent company of Flushing Bank (the “Bank”), today announced that the The Board of Directors (the “Board”) declared a quarterly dividend on its common shares of $ 0.21 per common share, payable on December 31, 2021 to shareholders of record at the close of business on December 10, 2021.
John R. Buran, President and CEO of the Company, said: “Our strong year-to-date financial performance and strong capital position supports the Company’s decision to declare quarterly dividend payments in cash to shareholders. Franchise momentum is expected to continue in 2022 with the continued reopening of the New York area economy, potential market disruption from competitor merger activities and our record-breaking loan pipeline. “
FLUSHING FINANCIAL CORPORATION (Nasdaq: FFIC) is the holding company of Flushing Bank®, a New York State chartered commercial bank and insured by the Federal Deposit Insurance Corporation. The Bank serves consumers, businesses, professionals, corporate clients and public entities by offering a full range of deposit, loan, equipment financing and cash management services through its bank offices located in Queens , Brooklyn, Manhattan and Long Island. As a leader in real estate lending, the Bank’s experienced lending team creates mortgage solutions for real estate owners and property managers inside and outside of the New York metro area. Flushing Bank is an equal housing lender. The Bank also operates an online banking division comprised of iGObanking.com®, which offers deposit products competitively priced to consumers nationwide, and BankPurely®, a community brand of healthier and more eco-friendly lifestyle. the environment.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The statements contained in this press release regarding economic plans, strategies, performance and trends, earnings projections for operations or specific investments and other statements that are not descriptions of historical fact may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently expected due to a number of factors, including but not limited to limit, the risk factors discussed in the Company’s annual report on form 10-K for the year ended December 31 2020 and in other documents filed by the Company with the Securities and Exchange Commission from time to time. Forward-looking statements may be identified by words such as “may”, “will”, “should”, “may”, “expects”, “plans”, “intends”, “plans”, “Believes”, “estimates”, “predicts”, “forecasts”, “goals”, “potential” or “continue” or similar terms or the negative of these terms. Although we believe that the expectations reflected in forward-looking statements are reasonable, we cannot guarantee future results, activity levels, performance or achievements. The Company has no obligation to update these forward-looking statements.
Additional information about Flushing Financial Corporation can be obtained by visiting the Company’s website at http://www.flushingbank.com.
Susan K. Cullen Senior Executive Vice President and Chief Financial Officer Flushing Financial Corporation (718) 961-5400
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