Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit. The company also provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; and consumer loans, including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and other marketable securities. In addition, it offers banking services to public municipalities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. As of December 31, 2021, the company operated 24 full-service offices located in the New York City boroughs of Queens, Brooklyn, and Manhattan; and in Nassau and Suffolk County, New York, as well as an Internet branch. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.
Flushing Financial Dividend Announcement
• Flushing Financial announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-06
• Flushing Financial annual dividend for 2024 was $0.66
• Flushing Financial annual dividend for 2023 was $0.88
• Flushing Financial's trailing twelve-month (TTM) dividend yield is 7.24%
• Flushing Financial's payout ratio for the trailing twelve months (TTM) is 100.12%
• Flushing Financial's dividend growth over the last five years (2018-2023) was 1.92% year
• Flushing Financial's dividend growth over the last ten years (2013-2023) was 5.40% year
Flushing Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-06 | $0.22 | quarterly | 2024-09-27 |
2024-06-10 | $0.22 | quarterly | 2024-06-21 |
2024-03-08 | $0.22 | quarterly | 2024-03-22 |
2023-12-07 | $0.22 | quarterly | 2023-12-22 |
2023-09-07 | $0.22 | quarterly | 2023-09-29 |
2023-06-01 | $0.22 | quarterly | 2023-06-23 |
2023-03-09 | $0.22 | quarterly | 2023-03-31 |
2022-12-08 | $0.22 | quarterly | 2022-12-23 |
2022-09-01 | $0.22 | quarterly | 2022-09-30 |
2022-06-02 | $0.22 | quarterly | 2022-06-24 |
2022-03-10 | $0.22 | quarterly | 2022-03-25 |
2021-12-09 | $0.21 | quarterly | 2021-12-31 |
2021-09-02 | $0.21 | quarterly | 2021-09-24 |
2021-06-03 | $0.21 | quarterly | 2021-06-25 |
2021-03-11 | $0.21 | quarterly | 2021-03-26 |
2020-12-08 | $0.21 | quarterly | 2020-12-23 |
2020-09-10 | $0.21 | quarterly | 2020-09-25 |
2020-06-11 | $0.21 | quarterly | 2020-06-26 |
2020-03-12 | $0.21 | quarterly | 2020-03-27 |
2019-12-12 | $0.21 | quarterly | 2019-12-27 |
2019-09-12 | $0.21 | quarterly | 2019-09-27 |
2019-06-13 | $0.21 | quarterly | 2019-06-28 |
2019-03-14 | $0.21 | quarterly | 2019-03-29 |
2018-12-06 | $0.20 | quarterly | 2018-12-28 |
2018-09-07 | $0.20 | quarterly | 2018-09-28 |
2018-06-08 | $0.20 | quarterly | 2018-06-29 |
2018-03-08 | $0.20 | quarterly | 2018-03-30 |
2017-12-07 | $0.18 | quarterly | 2017-12-29 |
2017-09-07 | $0.18 | quarterly | 2017-09-29 |
2017-06-08 | $0.18 | quarterly | 2017-06-30 |
2017-03-08 | $0.18 | quarterly | 2017-03-31 |
2016-12-07 | $0.17 | quarterly | 2016-12-30 |
2016-09-07 | $0.17 | quarterly | 2016-09-30 |
2016-06-08 | $0.17 | quarterly | 2016-06-30 |
2016-03-07 | $0.17 | quarterly | 2016-03-30 |
2015-12-07 | $0.16 | quarterly | 2015-12-30 |
2015-09-04 | $0.16 | quarterly | 2015-09-30 |
2015-06-03 | $0.16 | quarterly | 2015-06-26 |
2015-03-04 | $0.16 | quarterly | 2015-03-27 |
2014-12-03 | $0.15 | quarterly | 2014-12-26 |
2014-09-03 | $0.15 | quarterly | 2014-09-26 |
2014-06-04 | $0.15 | quarterly | 2014-06-27 |
2014-03-05 | $0.15 | quarterly | 2014-03-28 |
2013-12-04 | $0.13 | quarterly | 2013-12-27 |
2013-09-04 | $0.13 | quarterly | 2013-09-27 |
2013-06-05 | $0.13 | quarterly | 2013-06-28 |
2013-03-06 | $0.13 | quarterly | 2013-03-29 |
Flushing Financial Dividend per year
Flushing Financial Dividend growth
Flushing Financial Dividend Yield
Flushing Financial current trailing twelve-month (TTM) dividend yield is 7.24%. Interested in purchasing Flushing Financial stock? Use our calculator to estimate your expected dividend yield:
Flushing Financial Financial Ratios
Flushing Financial Dividend FAQ
Other factors to consider when evaluating Flushing Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Flushing Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Flushing Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Flushing Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Flushing Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Flushing Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Flushing Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Flushing Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Flushing Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Flushing Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.