Oritani Financial (ORIT) Declares $0.25 Special Dividend; 1.7% Yield

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Go back to Oritani Financial (ORIT) Declares $0.25 Special Dividend; 1.7% Yield

Oritani Financial Corp. Announces Special Dividend

November 25, 2014 9:00 AM EST

TOWNSHIP OF WASHINGTON, N.J., Nov. 25, 2014 (GLOBE NEWSWIRE) -- Oritani Financial Corp. (the "Company" or "Oritani") (Nasdaq: ORIT), the holding company for Oritani Bank (the "Bank") announced that its Board of Directors has declared a special cash dividend of $0.25 per share on the Company's common stock. The record date for the dividend will be December 10, 2014 and the payment date will be December 23, 2014.

"Oritani desires to have its stockholders share fully in our robust earnings," said Kevin J. Lynch, the Company's Chairman, President and CEO.  "The amount of this special dividend is based on... More