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ORIT Breaks Above 10% Yield Territory

Forbes - 25 Jan 2013 22:12
ORIT Breaks Above 10% Yield Territory Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of Oritani Financial Corp (NASD: ORIT) were yielding above the 10% mark based on its quarterly dividend (annualized to $1.60), with the stock changing hands as low as $15.40 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchas...
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