Oritani Financial Corp. (ORIT) Ex-Dividend Date Scheduled for May 01, 2013

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Oritani Financial Corp. ( ORIT ) will begin trading ex-dividend on May 01, 2013. A cash dividend payment of $0.175 per share is scheduled to be paid on May 17, 2013. Shareholders who purchased ORIT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 16.67% increase over the prior quarter. At the current stock price of $15.36, the dividend yield is 4.56%.

The previous trading day's last sale of ORIT was $15.36, representing a -4.6% decrease from the 52 week high of $16.10 and a 15.75% increase over the 52 week low of $13.27.

ORIT is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). ORIT's current earnings per share, an indicator of a company's profitability, is $.84. Zacks Investment Research reports ORIT's forecasted earnings growth in 2013 as 17.86%, compared to an industry average of 3.9%.

For more information on the declaration, record and payment dates, visit the ORIT Dividend History page.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: JPM , ORIT , WFC

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