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Veris Residential Declares Quarterly Cash Dividend

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Veris Residential (NYSE: VRE), a Northeast-focused Class A multifamily REIT, has announced its Q1 2025 dividend declaration. The company will distribute a quarterly cash dividend of $0.08 per common share for the period ending March 31, 2025. The dividend is scheduled for payment on April 10, 2025, to shareholders of record as of March 31, 2025.

Future dividend distributions will be subject to Board approval, considering multiple factors including AFFO, cash flows from operations, taxable income requirements, and capital needs. Veris Residential operates as a technology-enabled REIT, focusing on premier multifamily properties in the Northeast region, with an emphasis on contemporary living experiences and community impact.

Veris Residential (NYSE: VRE), un REIT multifamiliare di Classe A focalizzato nel Nordest, ha annunciato la dichiarazione del dividendo per il primo trimestre del 2025. L'azienda distribuirà un dividendo in contante trimestrale di $0,08 per azione ordinaria per il periodo che termina il 31 marzo 2025. Il pagamento del dividendo è previsto per il 10 aprile 2025, a favore degli azionisti registrati al 31 marzo 2025.

Le future distribuzioni di dividendi saranno soggette all'approvazione del Consiglio, considerando diversi fattori tra cui l'AFFO, i flussi di cassa dalle operazioni, i requisiti di reddito imponibile e le necessità di capitale. Veris Residential opera come un REIT abilitato dalla tecnologia, concentrandosi su proprietà multifamiliari di alta qualità nella regione del Nordest, con un'enfasi sulle esperienze di vita contemporanee e sull'impatto comunitario.

Veris Residential (NYSE: VRE), un REIT multifamiliar de Clase A centrado en el Noreste, ha anunciado la declaración de dividendos para el primer trimestre de 2025. La empresa distribuirá un dividendo en efectivo trimestral de $0.08 por acción común para el período que finaliza el 31 de marzo de 2025. El pago del dividendo está programado para el 10 de abril de 2025, a los accionistas registrados hasta el 31 de marzo de 2025.

Las futuras distribuciones de dividendos estarán sujetas a la aprobación de la Junta, considerando múltiples factores, incluyendo el AFFO, los flujos de efectivo de las operaciones, los requisitos de ingresos imponibles y las necesidades de capital. Veris Residential opera como un REIT habilitado por tecnología, enfocándose en propiedades multifamiliares de primera en la región del Noreste, con énfasis en experiencias de vida contemporáneas y el impacto comunitario.

Veris Residential (NYSE: VRE)는 북동부에 집중한 A급 다가구 REIT로, 2025년 1분기 배당금 선언을 발표했습니다. 이 회사는 2025년 3월 31일로 종료되는 기간에 대해 보통주 1주당 $0.08의 분기 현금 배당금을 지급할 예정입니다. 배당금 지급일은 2025년 4월 10일로 예정되어 있으며, 2025년 3월 31일 기준 주주에게 지급됩니다.

향후 배당금 분배는 이사회 승인을 받을 예정이며, AFFO, 운영에서의 현금 흐름, 과세 소득 요건 및 자본 필요성을 포함한 여러 요인을 고려할 것입니다. Veris Residential은 기술 기반 REIT로 운영되며, 북동부 지역의 프리미엄 다가구 부동산에 집중하고 현대적인 생활 경험과 지역 사회 영향을 강조합니다.

Veris Residential (NYSE: VRE), un REIT multifamilial de Classe A axé sur le Nord-Est, a annoncé la déclaration de dividende pour le premier trimestre de 2025. L'entreprise distribuera un dividende en espèces trimestriel de 0,08 $ par action ordinaire pour la période se terminant le 31 mars 2025. Le paiement du dividende est prévu pour le 10 avril 2025, aux actionnaires inscrits au 31 mars 2025.

Les futures distributions de dividendes seront soumises à l'approbation du Conseil, en tenant compte de plusieurs facteurs, y compris l'AFFO, les flux de trésorerie d'exploitation, les exigences de revenus imposables et les besoins en capital. Veris Residential fonctionne comme un REIT soutenu par la technologie, se concentrant sur des propriétés multifamiliales de premier plan dans la région du Nord-Est, avec un accent sur les expériences de vie contemporaines et l'impact communautaire.

Veris Residential (NYSE: VRE), ein auf den Nordosten fokussierter Class A Multifamily REIT, hat die Dividendenankündigung für das erste Quartal 2025 bekannt gegeben. Das Unternehmen wird eine vierteljährliche Barausschüttung von 0,08 $ pro Stammaktie für den Zeitraum bis zum 31. März 2025 ausschütten. Die Dividende ist für die Zahlung am 10. April 2025 an die Aktionäre vorgesehen, die am 31. März 2025 im Aktienregister stehen.

Zukünftige Dividendenzahlungen unterliegen der Genehmigung durch den Vorstand, wobei mehrere Faktoren berücksichtigt werden, einschließlich AFFO, Cashflows aus dem Betrieb, steuerliche Einkommensanforderungen und Kapitalbedarf. Veris Residential operiert als technologiegestützter REIT und konzentriert sich auf hochwertige Mehrfamilienimmobilien in der Nordostregion, mit einem Fokus auf zeitgemäße Wohnkonzepte und soziale Auswirkungen.

Positive
  • Regular quarterly dividend maintained
  • Technology-enabled operating platform
  • Focus on premium Class A properties
Negative
  • Low dividend amount of $0.08 per share

JERSEY CITY, N.J., Feb. 27, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the first quarter 2025 in the amount of $0.08 for the period ending March 31, 2025. The dividend will be paid on April 10, 2025, to shareholders of record as of March 31, 2025.

The timing and amount of future dividends is subject to approval by the Board of Directors, taking into consideration multiple factors including but not limited to the Company's AFFO and actual cash flows from operations, its estimate of taxable income and related distribution requirements, as well as any capital requirements.

About Veris Residential, Inc.

Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment.

For additional information on Veris Residential, Inc. and our properties available for lease, please visit http://www.verisresidential.com/.

Investors
Mackenzie Rice
Director, Investor Relations
investors@verisresidential.com

Media 
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
212-257-4170
veris-residential@gasthalter.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/veris-residential-declares-quarterly-cash-dividend-302387886.html

SOURCE Veris Residential, Inc.

FAQ

What is the dividend amount and payment date for Veris Residential (VRE) Q1 2025?

VRE will pay $0.08 per share on April 10, 2025, to shareholders of record as of March 31, 2025.

What factors determine VRE's future dividend payments?

Future dividends depend on AFFO, cash flows, taxable income requirements, capital needs, and Board approval.

What type of properties does Veris Residential (VRE) primarily invest in?

VRE primarily owns, operates, and develops Class A multifamily properties in the Northeast region.

What is the record date for VRE's Q1 2025 dividend?

The record date for VRE's Q1 2025 dividend is March 31, 2025.

Veris Residential Inc

NYSE:VRE

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1.53B
78.06M
9.33%
100.04%
2.62%
REIT - Residential
Real Estate Investment Trusts
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United States
JERSEY CITY