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8-K - FLUSHING FINANCIAL 8-K 2-23-2010 - FLUSHING FINANCIAL CORP | form8k.htm |
CONTACT:
David
Fry
Executive
Vice President and
Chief
Financial Officer
Flushing
Financial Corporation
(718)
961-5400
FOR IMMEDIATE
RELEASE
Flushing Financial Corporation
Declares Quarterly Dividend of $0.13 per Share
Lake
Success, NY – February 23, 2010 – Flushing Financial Corporation (Nasdaq-GS:
FFIC), the parent holding company for Flushing Savings Bank, FSB (the “Bank”),
today announced that the Board of Directors declared a quarterly dividend on its
common stock of $0.13 per common share, payable on March 31, 2010 to
shareholders of record at the close of business on March 10, 2010.
John R.
Buran, Flushing Financial’s President and Chief Executive Officer, stated: “Our
strong capital position, as well as our confidence in the opportunities for
future growth, underlie the Company’s decision to declare quarterly cash
dividend payouts to shareholders. As part of our continuing efforts to enhance
the total return to our shareholders, the Board will continue to review future
dividend payouts on a quarterly basis.”
Flushing
Financial Corporation is the parent holding company for Flushing Savings Bank,
FSB, a federally chartered stock savings bank insured by the FDIC. The Bank
serves consumers and businesses by offering a full complement of deposit, loan,
and cash management services through its fifteen banking offices located in
Queens, Brooklyn, Manhattan, and Nassau County. The Bank also operates an online
banking division, iGObanking.com®, which enables the Bank to expand outside of
its current geographic footprint. In 2007, the Bank established Flushing
Commercial Bank, a wholly-owned subsidiary, to provide banking services to
public entities including cities, counties, towns, villages, school districts,
libraries, fire districts and the various courts throughout the metropolitan
area.
“Safe Harbor”
Statement under the Private Securities Litigation Reform Act of 1995:
Statements in this Press Release relating to plans, strategies, economic
performance and trends, projections of results of specific activities or
investments and other statements that are not descriptions of historical facts
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
anticipated due to a number of factors, which include, but are not limited to,
risk factors discussed in the Company’s Annual Report on Form 10-K for the year
ended December 31, 2008, 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 terms such as “may”, “will”, “should”, “could”, “expects”,
“plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”,
“forecasts”, “potential” or “continue” or similar terms or the negative of these
terms. Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. The Company has no
obligation to update these forward-looking statements.
Additional
information on Flushing Financial Corporation may be obtained by visiting the
Company’s web site at http://www.flushingbank.com.
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