Vornado Declares Common Dividend of $.74 Per Share
Rhea-AI Summary
Vornado (NYSE:VNO) declared a $0.74 per common share dividend payable on December 29, 2025 to shareholders of record on December 18, 2025. The Board said the company expects to continue its recent common share dividend policy and anticipates paying one common share dividend in the fourth quarter of 2026. The announcement includes a forward‑looking statement caution about risks such as interest rate fluctuations and inflation that could affect future results.
Positive
- Dividend declared of $0.74 per common share
- Payment date set for December 29, 2025
- Record date established as December 18, 2025
Negative
- Dividend frequency limited to one common dividend in 2026
News Market Reaction
On the day this news was published, VNO gained 1.29%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
VNO gained 2.03% while peers were mixed: SLG up 0.72%, CUZ up 0.08%, KRC down 0.49%, CDP down 0.44%, DEI down 1.92%, suggesting a stock-specific response to the dividend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 08 | Common dividend | Positive | +1.3% | Board declared $0.74 common dividend and outlined 2026 dividend policy. |
| Nov 03 | Earnings results | Positive | -4.9% | Improved Q3 2025 net income and FFO driven by large property gains. |
| Oct 30 | Preferred dividends | Neutral | -0.6% | Declared quarterly dividends across multiple preferred share series. |
| Oct 21 | Earnings call setup | Neutral | +2.3% | Announced Q3 2025 Form 10-Q filing date and earnings call schedule. |
| Sep 08 | Property acquisition | Positive | -1.9% | Closed $218M purchase of largely vacant 623 Fifth Avenue office condo. |
Recent news shows mixed reactions: positive operational or strategic updates sometimes saw negative price moves, while dividend and scheduling news often coincided with modest gains.
Over the last several months, Vornado reported improved Q3 2025 earnings and significant gains from New York property transactions, yet the stock fell 4.93% on that release. Strategic activity included the $218M acquisition of 623 Fifth Avenue, which saw a -1.92% move. Preferred dividend declarations around 2025 generated small moves between roughly -0.58% and 2.04%. Today’s common dividend declaration and indication of a single fourth‑quarter 2026 dividend fits this ongoing capital‑return and portfolio‑repositioning narrative.
Market Pulse Summary
This announcement detailed a $0.74 common dividend payable on December 29, 2025 to holders of record on December 18, 2025, and signaled an expectation of one common dividend in fourth‑quarter 2026. In 2025, Vornado’s dividend releases led to modest, mixed price moves around an average of 1.12%. The release also reiterated standard forward‑looking risk language, highlighting sensitivity to interest rates, inflation, and broader real estate market conditions.
Key Terms
real estate investment trust financial
forward-looking statements regulatory
risk factors regulatory
AI-generated analysis. Not financial advice.
NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.74 per common share. The dividend will be payable on December 29, 2025 to shareholders of record on December 18, 2025.
For 2026, Vornado anticipates continuing its recent common share dividend policy of paying one common share dividend in the fourth quarter of 2026.
Vornado Realty Trust is a fully-integrated equity real estate investment trust.
CONTACT
Thomas J. Sanelli
(212) 894-7000
Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements. You can find many of these statements by looking for words such as "approximates," "believes," "expects," "anticipates," "estimates," "intends," "plans," "would," "may" or other similar expressions in this press release. For a discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see “Risk Factors” in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2024. Currently, some of the factors are interest rate fluctuations and the effects of inflation on our business, financial condition, results of operations, cash flows, operating performance and the effect that these factors have had and may continue to have on our tenants, the global, national, regional and local economies and financial markets and the real estate market in general.
FAQ
What dividend did Vornado (VNO) declare on December 8, 2025?
When is the VNO dividend payable and what is the record date?
How often does Vornado expect to pay common dividends in 2026?
Does the VNO announcement mention risks that could affect future dividends?
How should shareholders prepare for the December 18, 2025 record date for VNO?
Where can investors find more information about Vornado's forward‑looking risks?
