Oritani Financial (ORIT) Tops Q3 EPS by 7c

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Sandler O'Neill Downgrades Oritani Financial (ORIT) to Hold

October 27, 2015 12:45 PM EDT

Sandler O'Neill downgraded Oritani Financial (NASDAQ: ORIT) from Buy to Hold.

For an analyst ratings summary and ratings history on Oritani Financial click here. For more ratings news on Oritani Financial click here.

Shares of Oritani Financial closed at $16.03 yesterday.

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October 26, 2015 5:09 PM EDT

Oritani Financial (NASDAQ: ORIT) declared a quarterly dividend of $0.175 per share, or $0.7 annualized.

The dividend will be payable on November 20, 2015, to stockholders of record on November 6, 2015, with an ex-dividend date of November 4, 2015.

The annual yield on the dividend is 4.4 percent.

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