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Vornado Declares Quarterly Dividends On Preferred Shares

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Vornado Realty Trust (NYSE:VNO) has declared quarterly preferred dividends for various series of preferred shares. The dividends range from $0.2781250 to $0.8125000 per share and will be payable on July 1, 2024, to shareholders of record on June 17, 2024. Vornado Realty Trust is an equity real estate investment trust.

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NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:

Series A Convertible$.8125000per share
Series L Cumulative Redeemable$.3375000per share
Series M Cumulative Redeemable$.3281250per share
Series N Cumulative Redeemable$.3281250per share
Series O Cumulative Redeemable$.2781250per share
    

In each case, dividends are payable on July 1, 2024 to shareholders of record on June 17, 2024.

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, 2023. Currently, some of the factors are the increased interest rates and 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 dividends did Vornado Realty Trust declare?

Vornado Realty Trust declared quarterly preferred dividends for Series A, L, M, N, and O shares.

When will the dividends be payable?

The dividends will be payable on July 1, 2024.

When is the record date for shareholders?

Shareholders of record on June 17, 2024, will be eligible to receive the dividends.

What is Vornado Realty Trust?

Vornado Realty Trust is a fully-integrated equity real estate investment trust.

What is the stock symbol of Vornado Realty Trust?

The stock symbol for Vornado Realty Trust is VNO.

Vornado Realty Trust

NYSE:VNO

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About VNO

vornado realty trust is a preeminent owner, manager and developer of office and retail assets. vornado’s portfolio is concentrated in the nation’s key market — new york city — along with the premier asset in both chicago and san francisco. vornado is also the real estate industry leader in sustainability policy. the company owns and manages over 27 million square feet of leed certified buildings and received the energy star partner of the year award, sustained excellence 2020. in 2012, vornado commemorated 50 years on the nyse.