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Stock News in Focus: Flushing Financial Corporation (Nasdaq:FFIC)

 Flushing Financial Corporation (Nasdaq-GS:FFIC) stock identified change of 1.28% away from 52-week low price and recently located move of -28.93% off 52-week high price. It has market worth of $549.68M and dividend yield of 4.41%. FFIC stock has been recorded -8.59% away from 50 day moving average and -13.18% away from 200 day moving average. Moving closer, we can see that shares have been trading -2.38% off 20-day moving average.

On Aug. 27, 2019, Flushing Financial Corporation (Nasdaq-GS:FFIC) the parent holding company for Flushing Bank (the Bank), revealed that the Board of Directors (the Board) declared a quarterly dividend on its common stock of $0.21 per common share, payable on September 27, 2019 to shareholders of record at the close of business on September 13, 2019.

John R. Buran, the Company’s President and Chief Executive Officer, stated: We remain well capitalized and well positioned to deliver profitable growth and long-term value to our shareholders as we continue to execute our strategic objectives. Our strong financial performance and capital position supports the Company’s decision to declare quarterly cash dividends payouts to shareholders. As part of our commitment to enhance the total return to our shareholders, the Board will continue to review future dividend payments on a quarterly basis.

FLUSHING FINANCIAL CORPORATION (Nasdaq: FFIC) is the holding company for Flushing Bank®, a New York State-chartered commercial bank insured by the Federal Deposit Insurance Corporation. The Bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices located in Queens, Brooklyn, Manhattan, and on Long Island. As a leader in real estate lending, the Bank’s experienced lending team creates mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area. Flushing Bank is an Equal Housing Lender. The Bank also operates an online banking division consisting of®, which offers competitively priced deposit products to consumers nationwide, and BankPurely®, an eco-friendly, healthier lifestyle community brand.

 The Financial sector company, Flushing Financial Corporation noticed change of -1.65% to $19.04 along volume of 64491 shares in recent session compared to an average volume of 64.27K. The stock observed return of -1.55% in 5 days trading activity. The stock was at -6.21% over one month performance. FFIC’s shares are at -11.36% for the quarter and driving a -28.64% return over the course of the past year and is now at -11.57% since this point in 2018. 

 The average volatility for the week at 1.77% and for month was at 2.27%. There are 28.87M shares outstanding and 26.88M shares are floated in market. Right now the stock beta is 0.86. 

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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