Oritani Financial (ORIT) Declares $0.15 Quarterly Dividend; 3.2% Yield

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Oritani Financial Corp. Announces Dividend and Quarterly Results

October 24, 2019 8:00 AM EDT

TOWNSHIP OF WASHINGTON, N.J., Oct. 24, 2019 (GLOBE NEWSWIRE) -- Oritani Financial Corp. (the Company or Oritani) (NASDAQ: ORIT), the holding company for Oritani Bank (the Bank), reported net income of $12.3 million, or $0.28 per basic and diluted common share, for the three months ended September 30, 2019.  This compares to net income of $13.4 million, or $0.30 per basic and diluted common share, for the corresponding 2018 period. 

The Company also reported that its Board of Directors has declared a $0.18 quarterly cash dividend on the Companys common stock.  The record date for the dividend will be November 4,... More