Oritani Financial (ORIT) Declares $0.45 Special Dividend; 2.7% Yield

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Oritani Financial Corp. Announces $0.45 Special Dividend

November 21, 2017 9:15 AM EST

TOWNSHIP OF WASHINGTON, N.J., Nov. 21, 2017 (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 $0.45 per share on the Companys common stock.  The record date for the dividend will be December 8, 2017 and the payment date will be December 22, 2017. 

The Board of Directors of Oritani has elected to continue its practice of declaring a special dividend to ensure that stockholders fully participate in the earnings of the... More