DOUGLASTON, N.Y.- New York Bancorp, the holding company for Home Federal Savings Bank, said its board has declared a three-for-two stock split and will increase by 20% its quarterly dividend.

The next quarterly dividend is scheduled to be declared in September and paid to shareholders in October.

The stock split distribution is payable on July 29, to shareholders of record on July 19. Before the stock split, the company had 4,430,646 common shares outstanding.

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