Oritani Financial (ORIT) Declares $0.175 Quarterly Dividend; 4.1% Yield

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Go back to Oritani Financial (ORIT) Declares $0.175 Quarterly Dividend; 4.1% Yield

Oritani Financial Corp. Reports Annual Earnings and Dividend

July 27, 2017 4:30 PM EDT

TOWNSHIP OF WASHINGTON, N.J., July 27, 2017 (GLOBE NEWSWIRE) -- Oritani Financial Corp. (the Company or Oritani) (NASDAQ: ORIT), the holding company for Oritani Bank (the Bank), reported net income of $2.9 million, or $0.07 per basic (and $0.06 diluted)  common share, for the three months ended June 30, 2017, and $49.1 million, or $1.14 per basic (and $1.10 diluted) common share, for the twelve months ended June 30, 2017.  This compares to net income of $11.1 million, or $0.26 per basic (and $0.25 diluted) common share for the three months ended June 30, 2016 and net income of $52.3 million, or $1.25 per basic (and $1.21 diluted) common share for the twelve months... More