Vornado Declares Quarterly $.53 Dividend On Common Shares
Vornado Realty Trust (NYSE:VNO) announced a quarterly dividend of $.53 per share, payable on November 19, 2021, to shareholders on record as of November 8, 2021. This decision reinforces Vornado's commitment to returning value to its investors. As a fully-integrated equity real estate investment trust, Vornado remains focused on navigating ongoing challenges, particularly due to the COVID-19 pandemic, which poses risks to its financial performance and operations.
- Quarterly dividend of $.53 per share announced, enhancing shareholder returns.
- COVID-19 pandemic continues to adversely affect business operations and financial performance.
NEW YORK, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a regular quarterly dividend of $.53 per share payable on November 19, 2021 to common shareholders of record on November 8, 2021.
Vornado Realty Trust is a fully-integrated equity real estate investment trust.
CONTACT
Thomas 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. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. 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, 2020. Such factors include, among others, risks associated with the performance of the Company’s properties and general competitive factors. Currently, one of the most significant factors is the ongoing adverse effect of the COVID-19 pandemic on our business, financial condition, results of operations, cash flows, operating performance and the effect it has 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. The extent of the impact of the COVID-19 pandemic will depend on future developments, including the duration of the pandemic, current and future variants, the efficacy and durability of vaccines against the variants and the potential for increased government restrictions, which continue to be uncertain at this time but that impact could be material. Moreover, you are cautioned that the COVID-19 pandemic will heighten many of the risks identified in "Item 1A. Risk Factors" in Part I of our Annual Report on Form 10-K for the year ended December 31, 2020.
FAQ
What is the dividend amount announced by Vornado Realty Trust?
When will the dividend be paid by Vornado Realty Trust?
What is the record date for the Vornado Realty Trust dividend?
How frequently does Vornado Realty Trust pay dividends?
What risks does Vornado Realty Trust face regarding its financial performance?
