Thursday, November 24, 2022

Flushing Monetary Company Declares Quarterly Dividend of $0.22 per Share

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Flushing Financial Corporation

Flushing Monetary Company

UNIONDALE, N.Y., Nov. 22, 2022 (GLOBE NEWSWIRE) — Flushing Monetary Company (the “Firm”) (Nasdaq-GS: FFIC), the mother or father holding firm for Flushing Financial institution (the “Financial institution”), at the moment introduced that the Board of Administrators (the “Board”) declared a quarterly dividend on its frequent inventory of $0.22 per frequent share, payable on December 23, 2022 to shareholders of report on the shut of enterprise on December 9, 2022.

John R. Buran, the Firm’s President and Chief Government Officer, said: “This quarter’s dividend marks the 106th consecutive quarterly dividend and highlights our dedication to shareholders whereas supporting our prospects over the brief and long run. The Firm has an extended historical past of worthwhile progress and a conservative, low danger enterprise mannequin.”

FLUSHING FINANCIAL CORPORATION (Nasdaq: FFIC) is the holding firm for Flushing Financial institution®, an FDIC insured, New York State—chartered business financial institution that operates banking places of work in Queens, Brooklyn, Manhattan, and on Lengthy Island. The Financial institution has been constructing relationships with households, enterprise homeowners, and communities since 1929. Immediately, it gives the merchandise, companies, and conveniences related to giant business banks, together with a full complement of deposit, mortgage, gear finance, and money administration companies. Rewarding prospects with customized consideration and bankers that may talk within the languages prevalent inside these multicultural markets is what makes the Financial institution uniquely totally different. As an Equal Housing Lender and chief in actual property lending, the Financial institution’s skilled lending groups create mortgage options for actual property homeowners and property managers each inside and outdoors the New York Metropolis metropolitan space. The Financial institution additionally fosters relationships with shoppers nationwide by way of its on-line banking division with the iGObanking® and BankPurely® manufacturers. Further data on Flushing Monetary Company and Flushing Financial institution could also be obtained by visiting the Firm’s website online at FlushingBank.com.

“Secure Harbor” Assertion below the Non-public Securities Litigation Reform Act of 1995: Statements on this Press Launch regarding plans, methods, financial efficiency and tendencies, projections of outcomes of particular actions or investments and different statements that aren’t descriptions of historic details could also be forward-looking statements throughout the that means of the Non-public Securities Litigation Reform Act of 1995, Part 27A of the Securities Act of 1933 and Part 21E of the Securities Trade Act of 1934. Ahead-looking data is inherently topic to dangers and uncertainties, and precise outcomes may differ materially from these presently anticipated on account of a lot of components, which embody, however usually are not restricted to, danger components mentioned within the Firm’s Annual Report on Type 10-Okay for the fiscal yr ended December 31, 2021 and in different paperwork filed by the Firm with the Securities and Trade Fee infrequently. Ahead-looking statements could also be recognized by phrases akin to “might”, “will”, “ought to”, “may”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”, “forecasts”, “objectives”, “potential” or “proceed” or related phrases or the destructive of those phrases. Though we consider that the expectations mirrored within the forward-looking statements are affordable, we can’t assure future outcomes, ranges of exercise, efficiency or achievements. The Firm has no obligation to replace these forward-looking statements.

#FF

CONTACT:

Susan Okay. Cullen
Senior Government Vice President,
Chief Monetary Officer and Treasurer
Flushing Monetary Company
(718) 961-5400



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