Oritani Financial (ORIT) Declares $0.175 Quarterly Dividend; 5% Yield

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Go back to Oritani Financial (ORIT) Declares $0.175 Quarterly Dividend; 5% Yield

Oritani Financial Corp. Announces Dividend and Quarterly Results

October 22, 2014 4:30 PM EDT

TOWNSHIP OF WASHINGTON, N.J., Oct. 22, 2014 (GLOBE NEWSWIRE) -- Oritani Financial Corp. (the "Company" or "Oritani") (Nasdaq: ORIT), the holding company for Oritani Bank (the "Bank") reported net income of $10.2 million for the three months ended September 30, 2014, as compared to net income of $10.4 million for the corresponding 2013 period. Earnings per share were $0.24 per basic and diluted share in both periods.

The Company also reported that its Board of Directors has declared a $0.175 quarterly cash dividend on the Company's common stock. The record date for the dividend will be November 7, 2014 and the payment... More