Oritani Financial (ORIT) Declares $0.50 Special Dividend; 2.8% Yield

Go back to Oritani Financial (ORIT) Declares $0.50 Special Dividend; 2.8% Yield

Oritani Financial Corp. Announces $0.50 Special Dividend

November 22, 2016 8:55 AM EST

TOWNSHIP OF WASHINGTON, N.J., Nov. 22, 2016 (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 $0.50 per share on the Companys common stock.  The record date for the dividend will be December 9, 2016 and the payment date will be December 23, 2016. 

Oritani continues to desire to share its considerable earnings with our stockholders, said Kevin J. Lynch, the Companys Chairman, President and CEO.  The amount of this special dividend is... More