Vornado Realty Stock Price, News & Analysis

Vornado Realty Trust (NYSE:VNO) announced the declaration of its quarterly preferred dividends, with payments scheduled for July 1, 2022. The dividends are as follows: Series A Convertible at $0.8125, Series L Cumulative Redeemable at $0.3375, Series M Cumulative Redeemable at $0.328125, Series N Cumulative Redeemable at $0.328125, and Series O Cumulative Redeemable at $0.278125 per share. Shareholders of record by June 15, 2022, will be eligible for these dividends.

Vornado Realty Trust (NYSE:VNO) has declared a quarterly dividend of $.53 per share, payable on May 20, 2022, to shareholders of record as of May 9, 2022. This announcement underscores the company's commitment to returning value to its investors amidst ongoing market challenges.

Vornado Realty Trust is a fully-integrated equity real estate investment trust, focused on maintaining robust financial performance while navigating the impacts of the COVID-19 pandemic.

Vornado Realty Trust (NYSE:VNO) announced the upcoming filing of its quarterly report on Form 10-Q for the quarter ended March 31, 2022. The earnings release will be issued on May 2, 2022, post-market close, followed by a conference call on May 3, 2022, at 10:00 a.m. ET. Investors can access the call via phone or through a live webcast on Vornado's website. The company is classified as a fully-integrated equity real estate investment trust. Forward-looking statements in the release highlight risks associated with the ongoing COVID-19 pandemic.

Vornado Realty Trust (NYSE: VNO) has released its 2021 Environmental, Social, & Governance (ESG) report, marking its thirteenth consecutive annual report. The report showcases significant sustainability achievements, including a commitment to a 64% carbon reduction by 2030 and a 2.6% decrease in location-based emissions. Vornado also received multiple awards, including the ENERGY STAR Partner of the Year with Sustained Excellence and a top ranking in the Global Real Estate Sustainability Benchmark. Additional ESG program details are available on Vornado's website.

Vornado Realty Trust (NYSE: VNO) reported significant financial improvements for the quarter and year ending December 31, 2021. For Q4 2021, net income attributable to common shareholders was $11.3 million ($0.06 per diluted share), compared to a net loss of $209.1 million in Q4 2020. Adjusted net income was $23 million ($0.12 per share). Full-year net income reached $101.1 million ($0.53 per share), rebounding from a loss of $348.7 million in 2020. Funds from Operations (FFO) for Q4 2021 was $141 million, slightly up from $138.4 million in Q4 2020.

Vornado Realty Trust (NYSE:VNO) will file its annual Form 10-K for the year ended December 31, 2021, and release its Q4 and full-year earnings on February 14, 2022, post-market. A quarterly earnings conference call is scheduled for February 15, 2022, at 10:00 a.m. ET, accessible via phone and webcast. The company warns that forward-looking statements entail risks, particularly due to the ongoing COVID-19 pandemic's impact on finances, operations, and the real estate market, with uncertainties surrounding future developments and government restrictions.

Vornado Realty Trust (NYSE: VNO) has declared quarterly preferred dividends for several series of shares. The Series A Convertible will pay $0.8125 per share, while the Series L will offer $0.3375 per share. Other series include Series M and N at $0.328125 each, and Series O at $0.278125. These dividends are payable on April 1, 2022, to shareholders on record as of March 15, 2022. Vornado is a fully integrated equity real estate investment trust.

Vornado Realty Trust (NYSE:VNO) has declared a quarterly dividend of $.53 per share, to be paid on February 11, 2022. Shareholders of record as of January 31, 2022 will receive this dividend. The company operates as a fully-integrated equity real estate investment trust, with a focus on property management and investment. Vornado acknowledges potential impacts from the COVID-19 pandemic on its business and financial condition, citing risks that could affect operational performance.

Vornado Realty Trust (NYSE: VNO) has successfully refinanced a $950 million loan for its 2.1 million square foot office building at 1290 Avenue of the Americas. The new interest-only loan has a rate of LIBOR plus 1.51%, which is currently 1.60%, for the first five years, with annual increases of 0.25% in years six and seven. The loan matures in November 2028, replacing a previous fixed-rate loan of 3.34% due in November 2022. Vornado holds a 70% stake in the property and retains full decision-making authority.