Oritani Financial Corp. New (ORIT) Raises Quarterly Dividend 25% to $0.125; 3.6% Yield

October 28, 2011 2:04 PM EDT
Oritani Financial Corp. New (NASDAQ: ORIT) declared a quarterly dividend of $0.125 per share, or $0.5 annualized. This is a 25% increase from the prior dividend of $0.10.

The dividend will be payable on November 22, 2011, to stockholders of record on November 8, 2011, with an ex-dividend date of November 4, 2011.

The annual yield on the dividend is 3.6 percent.

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