Vornado Realty Trust Announces Preferred Share Dividends
Vornado Realty Trust Declares Preferred Dividends
NEW YORK – Vornado Realty Trust (NYSE:VNO) has made an important announcement regarding its quarterly preferred dividends, which reflects the company’s commitment to rewarding its shareholders. Vornado's Board of Trustees has officially declared the quarterly preferred dividends for several series of shares that will soon be paid to investors.
Details on Preferred Shares and Their Dividends
The declared dividends for the various series of preferred shares are as follows:
Series A Convertible
The preferred dividend for the Series A Convertible shares is set at $0.8125 per share.
Series L Cumulative Redeemable
For the Series L Cumulative Redeemable shares, the dividend amounts to $0.3375 per share.
Series M Cumulative Redeemable
The Series M Cumulative Redeemable shares will receive a dividend of $0.328125 per share.
Series N Cumulative Redeemable
Additionally, the Series N Cumulative Redeemable shares will have the same dividend as Series M, at $0.328125 per share.
Series O Cumulative Redeemable
Lastly, the Series O Cumulative Redeemable shares will receive a dividend of $0.278125 per share.
Payment Schedule
Shareholders can look forward to these dividends being paid on January 2, 2025. To qualify for this dividend, shareholders must be on the record by December 16, 2024.
About Vornado Realty Trust
Vornado Realty Trust stands as a fully-integrated equity real estate investment trust that is actively involved in the ownership, management, and redevelopment of properties. With a robust portfolio, Vornado continuously strives towards enhancing its operational performance and maximizing shareholder value.
Contact Information
If you have any inquiries regarding this announcement or need further details, please reach out to:
Thomas J. Sanelli
(212) 894-7000
Frequently Asked Questions
What is the significance of the declared dividends by Vornado Realty Trust?
The declared dividends highlight Vornado's commitment to returning value to its shareholders, demonstrating financial health and stability.
When are the dividends payable?
The dividends are scheduled to be paid on January 2, 2025, to shareholders recorded by December 16, 2024.
How much are the preferred dividends for each series?
Series A is $0.8125, Series L is $0.3375, Series M and N are $0.328125, and Series O is $0.278125 per share.
Who can qualify for these dividends?
Shareholders of record as of December 16, 2024, will qualify for the upcoming dividends.
What does Vornado Realty Trust specialize in?
Vornado Realty Trust specializes in equity real estate investments, focusing on the management and redevelopment of its properties.
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