Looking at the universe of stocks we cover at Dividend Channel, on 2/5/14, Oritani Financial Corp (ORIT) will trade ex-dividend, for its quarterly dividend of $0.175, payable on 2/21/14. As a percentage of ORIT's recent stock price of $15.75, this dividend works out to approximately 1.11%, so look for shares of Oritani Financial Corp to trade 1.11% lower — all else being equal — when ORIT shares open for trading on 2/5/14.
Reminder - Oritani Financial (ORIT) Goes Ex-Dividend Soon
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