Should You Buy Flushing Financial Corporation ($FFIC) Before Its Ex-Dividend Tomorrow?

Flushing Financial Corporation (NASDAQ:FFIC) will begin trading ex-dividend on September 10, 2020. The quarterly dividend payment of $ 0.21 per share is scheduled to be paid on September 25, 2020. The dividend yield based on the latest trading day closing price was 6.82 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.

Dividends History
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Click Here For More Historical Dividends Of Flushing Financial Corporation

Flushing Financial Corporation recently reported second quarter financial results on July 21, 2020, after market close, the Uniondale based company revealed income for the second quarter of $ 0.36 per share, from the revenue of $ 62.45 million. The quarterly earnings lowered 14.29 percent compared with the same quarter last year. Street analysts expected Flushing Financial Corporation recently reported second quarter financial results on July 21, 2020, after market close, the Uniondale based company to report income of $ 0.24 per share on revenue of $ 44.74 million for the second quarter. The bottom line results beat street analysts by $ 0.12 or 50.00 percent, at the same time, top line results outshined analysts by $ 17.71 million or 39.58 percent.

Stock Performance

Shares of Flushing Financial Corporation traded low $ -0.29 or -2.30 percent on Tuesday, reaching $ 12.32 with volume of 168.30 thousand shares. Flushing Financial Corporation has traded high as $ 12.99 and has cracked $ 12.20 on the downward trend

According to the previous trading day, closing price of $ 12.32, representing a 42.33 % increase from the 52 week low of $ 8.86 and a 45.1 % decrease over the 52 week high of $ 22.97.

The company has a market capital of $ 347.64 million and is part of the Financial Services sector and Banks – Regional – US industry.

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.

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