NEW YORK ( TheStreet) -- The ex-dividend date for Oritani Financial (Nasdaq: ORIT) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $13.37 as of 9:30 a.m. ET, the dividend yield is 3.7%. The average volume for Oritani Financial has been 279,400 shares per day over the past 30 days. Oritani Financial has a market cap of $579 million and is part of the financial sector and banking industry. Shares are up 4.8% year to date as of the close of trading on Monday. Oritani Financial Corp. operates as the holding company for Oritani Bank that provides retail and commercial banking services to individual and business customers in New Jersey. The company has a P/E ratio of 24.5, above the average banking industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.
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