Looking at the universe of stocks we cover at Dividend Channel, on 5/1/13, Oritani Financial Corp (ORIT) will trade ex-dividend, for its quarterly dividend of $0.175, payable on 5/17/13. As a percentage of ORIT's recent stock price of $15.40, this dividend works out to approximately 1.14%, so look for shares of Oritani Financial Corp to trade 1.14% lower — all else being equal — when ORIT shares open for trading on 5/1/13.
ORIT Ex-Dividend Reminder - 5/1/13
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