Key Developments: Oritani Financial Corp (ORIT.O)
15.70USD
21 May 2013
$-0.18 (-1.13%)
$15.87
$15.84
$15.89
$15.53
92,180
115,448
$16.10
$13.27
Latest Key Developments (Source: Significant Developments)
Oritani Financial Corp Declares $0.175 Quarterly Cash Dividend
Oritani Financial Corp announced 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 May 3, 2013 and the payment date will be May 17, 2013. The $0.175 per share dividend represents a 16.7% increase over the Company previous rate of $0.15 per share. Full Article
Oritani Financial Corp Announces Quarterly Dividend
Oritani Financial Corp announced that Board of Directors has declared a $0.15 quarterly cash dividend on the Company's common stock. The record date for the dividend will be February 8, 2013 and the payment date will be February 22, 2013. Full Article
Oritani Financial Corp Declares Special Cash Dividend
Oritani Financial Corp announced that its Board of Directors has declared a special cash dividend of $0.40 per share on the Company's common stock. The record date for the dividend will be November 30, 2012 and the payment date will be December 14, 2012. Full Article
Oritani Financial Corp Declared Quarterly Cash Dividend
Oritani Financial Corp announced that its Board of Directors has declared a $0.15 quarterly cash dividend on the Company's common stock. The record date for the dividend will be November 5, 2012 and the payment date will be November 16, 2012. Full Article
Oritani Financial Corp. Announces Dividend
Oritani Financial Corp. announced that its Board of Directors has declared a $0.15 quarterly cash dividend on the Company's common stock. The record date for the dividend will be August 10, 2012 and the payment date will be August 24, 2012. Full Article
Oritani Financial Corp. Announces Dividend
Oritani Financial Corp. announced that its Board of Directors has declared a $0.15 quarterly cash dividend on the Company's common stock. The record date for the dividend will be May 4, 2012 and the payment date will be May 18, 2012. Full Article
Oritani Financial Corp Announces Dividend
Oritani Financial Corp announced that it has declared a $0.125 quarterly cash dividend on the Company's common stock. The record date for the dividend will be February 10, 2012 and the payment date will be February 24, 2012. Full Article
Oritani Financial Corp. Announces Third Share Repurchase Program
Oritani Financial Corp. announced that its Board of Directors has authorized the repurchase of up to 5% of its outstanding shares of common stock, or 2,278,776 shares. In conjunction with the commencement of a third repurchase plan, the Company also announced the completion of its second 10% repurchase plan. That plan, which was announced on September 14, 2011, authorized the repurchase of up to 5,062,056 shares. The Company ultimately repurchased the full 5,062,056 shares under that plan, at a total cost of $66.3 million and an average cost of $13.10 per share. Under the third repurchase program, the Company will repurchase shares from time to time for cash in open market transactions or in privately negotiated transactions in accordance with applicable federal securities laws. Any repurchased shares will be held as treasury stock and will be available for general corporate purposes. There can be no assurances that the third repurchase plan will be completed as expeditiously or as fully as the first two repurchase plans. Full Article
Oritani Financial Corp. Announces Increase In Dividend
Oritani Financial Corp. announced that it has declared a $0.125 quarterly cash dividend on the Company's common stock. The $0.125 dividend rate represents an increase of $0.025 from the Company's previous dividend rate of $0.10 per share. The record date for the dividend will be November 8, 2011 and the payment date will be November 22, 2011. Full Article
Oritani Financial Corp. Announces Second Share Repurchase Program For 10% Of Outstanding Shares
Oritani Financial Corp. announced that its Board of Directors has authorized the repurchase of up to 10% of its outstanding shares of common stock, or 5,062,056 shares. In conjunction with the commencement of a second repurchase plan, the Company also announced the completion of its first 10% repurchase plan. That plan, which was announced on June 22, 2011 and commenced on June 27, 2011, authorized the repurchase of up to 5,624,506 shares. The Company ultimately repurchased the full 5,624,506 shares under that plan, at a total cost of $72.4 million and an average cost of $12.88 per share. In addition, the Company also repurchased 1,598,100 shares to fund the stock awards that were issued in conjunction with the 2011 Equity Incentive Plan. These shares were repurchased at a total cost of $19.3 million and an average cost of $12.06 per share. Under the second repurchase program, the Company will repurchase shares from time to time for cash in open market transactions or in privately negotiated transactions in accordance with applicable federal securities laws. Any repurchased shares will be held as treasury stock and will be available for general corporate purposes. There can be no assurances that the second repurchase plan will be completed as expeditiously or as fully as the first plan. Full Article
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