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I am keeping my eye on the bank specialists and activists as 13F filings start rolling in.
Looking at the universe of stocks we cover at Dividend Channel, on 2/4/15, Oritani Financial Corp will trade ex-dividend, for its quarterly dividend of $0.175, payable on 2/20/15. As a percentage of ORIT's recent stock price of $14.18, this dividend works out to approximately 1.23%, so look for shares of Oritani Financial Corp to trade 1.23% lower — all else being equal — when ORIT shares open for trading on 2/4/15.
Northwest Bancshares, Oritani and Univest prove that banks don't have to be big to have big dividends and big profit margins.