Key Developments For Oritani Financial Corp.
Oritani Financial Corp. (ORIT.O) (Nasdaq)
Oritani Financial Corp. Announces 50% Increase In Rate Of Dividend
Oritani Financial Corp. announced that the Board of Directors of the Company has approved a 50% increase in the rate of Oritani's quarterly cash dividend. The quarterly dividend amount increased from $0.05 per share to $0.075 per share of the Company's common stock. The Company also announced the declaration of a dividend at the new rate. The dividend will be payable to stockholders of record as of December 7, 2009 and will be paid on December 21, 2009.
Oritani Financial Corp. Announces Dividend
Oritani Financial Corp. announced that the Company has declared a quarterly cash dividend of $0.05 per share on the Company's common stock. The dividend will be payable to stockholders of record as of October 9, 2009, and will be paid on October 23, 2009.
Oritani Financial Corp. Announces Dividend
Oritani Financial Corp. announced that it has declared a quarterly cash dividend of $0.05 per share on the Company's common stock. The dividend will be payable to stockholders of record as of July 10, 2009 and will be paid on July 24, 2009.
Oritani Financial Corp. Announces Fourth Share Repurchase Program
Oritani Financial Corp. announced that its Board of Directors has authorized the repurchase of up to 10% of its outstanding shares of common stock (excluding shares held by Oritani Financial Corp., MHC), or 967,828 shares. The Company will repurchase the 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. The Company also announced the completion of its third repurchase program. The Company repurchased 932,700 shares under this program, at a total cost of $13.8 million, representing an average cost of $14.75 per share. The combined number of shares repurchased by the Company under its three repurchase programs totaled 3,298,400 shares, at a total cost of $52.0 million and an average cost of $15.77 per share.
Oritani Financial Corp. Announces Third Share Repurchase Program
Oritani Financial Corp. announced that its Board of Directors has authorized the repurchase of up to 10% of its outstanding shares of common stock (excluding shares held by Oritani Financial Corp., MHC), or 1,061,098 shares.
