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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
China Threat Triggers Potential Mining Boom for Investors (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
China Threat Triggers Potential Mining Boom for Investors (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
China Threat Triggers Potential Mining Boom for Investors (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
China Threat Triggers Potential Mining Boom for Investors (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
China Threat Triggers Potential Mining Boom for Investors (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
China Threat Triggers Potential Mining Boom for Investors (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony

Flushing Financial Co. (NASDAQ:FFIC) Declares Quarterly Dividend of $0.22

Flushing Financial Co. (NASDAQ:FFIC - Get Rating) declared a quarterly dividend on Tuesday, November 22nd, Zacks reports. Shareholders of record on Friday, December 9th will be given a dividend of 0.22 per share by the bank on Friday, December 23rd. This represents a $0.88 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Thursday, December 8th.

Flushing Financial has raised its dividend by an average of 1.6% annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Flushing Financial has a dividend payout ratio of 51.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Flushing Financial to earn $1.77 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 49.7%.

Flushing Financial Price Performance

Shares of FFIC stock traded down $0.02 during trading hours on Thursday, reaching $20.78. The company had a trading volume of 45,458 shares, compared to its average volume of 109,648. Flushing Financial has a 12-month low of $19.30 and a 12-month high of $25.95. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.16 and a current ratio of 1.16. The company has a market capitalization of $619.45 million, a price-to-earnings ratio of 7.61 and a beta of 0.68. The stock has a fifty day moving average of $20.28 and a 200-day moving average of $21.27.

Wall Street Analysts Forecast Growth


Several analysts have issued reports on FFIC shares. StockNews.com cut Flushing Financial from a "buy" rating to a "hold" rating in a report on Saturday, November 19th. Piper Sandler dropped their price objective on shares of Flushing Financial to $24.00 in a report on Wednesday, October 5th.

Insider Transactions at Flushing Financial

In related news, EVP Theresa Kelly sold 2,000 shares of the business's stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $20.82, for a total value of $41,640.00. Following the sale, the executive vice president now directly owns 37,997 shares in the company, valued at approximately $791,097.54. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 6.60% of the company's stock.

Institutional Trading of Flushing Financial

Several institutional investors have recently added to or reduced their stakes in the stock. Great West Life Assurance Co. Can boosted its position in shares of Flushing Financial by 29.7% during the first quarter. Great West Life Assurance Co. Can now owns 2,740 shares of the bank's stock worth $64,000 after buying an additional 628 shares during the period. UBS Group AG boosted its holdings in Flushing Financial by 5.9% during the 3rd quarter. UBS Group AG now owns 18,480 shares of the bank's stock valued at $358,000 after acquiring an additional 1,034 shares during the period. Royal Bank of Canada boosted its stake in shares of Flushing Financial by 11.7% in the third quarter. Royal Bank of Canada now owns 11,615 shares of the bank's stock valued at $226,000 after purchasing an additional 1,212 shares during the period. Legal & General Group Plc boosted its position in Flushing Financial by 12.0% in the 2nd quarter. Legal & General Group Plc now owns 12,605 shares of the bank's stock valued at $268,000 after buying an additional 1,355 shares during the period. Finally, Ensign Peak Advisors Inc purchased a new position in shares of Flushing Financial in the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 67.41% of the company's stock.

About Flushing Financial

(Get Rating)

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.

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Dividend History for Flushing Financial (NASDAQ:FFIC)

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