Vornado Announces Quarterly Dividends on Preferred Stock | Aici


NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) — Vornado Realty Trust Company (NYSE:VNO) announced today that its Board of Trustees has announced the following quarterly preferred dividends:

Series A variable $ .8125000 per share
Series L Collectibles Available $ .3375000 per share
Series M Accumulated Useable $ .3281250 per share
Series N Accumulator Can Be Used $ .3281250 per share
Series O Accumulated Useable $ .2781250 per share

In each case, dividends are paid by April 3, 2023 to stockholders of record in March 15, 2023.

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

CONTACT

Thomas J. Sanelli
(212) 894-7000

Certain statements contained herein may be “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 goals, plans, expectations and beliefs and are subject to many 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 like “estimates,” “believe,” “anticipate,” “anticipate,” “estimates,” “intend,” “plan,” “may,” “likely” or others. similar statements in this press release. We also note the following forward-looking statements: in the case of our development and redevelopment projects, the estimated completion date, project cost estimates, cash flow forecasts, stabilization dates and costs to be completed; and estimates of future capital expenditures, dividends to common and preferred stockholders and operating partnership distributions. For a discussion of factors that could have a material effect on 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, 2021. Currently, some of the factors are the continuing negative impact of the COVID-19 pandemic, rising interest rates and inflation on our business, financial condition, results of operations, cash flows, work performance and the impact these factors have had and may continue to have on our employers, 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 continue to depend on future developments, including vaccination rates among populations, the efficacy and durability of vaccines against emerging strains, and government and employer responses to that, which remain uncertain but the impact could be material. In addition, you are cautioned that the COVID-19 pandemic will increase many of the risks disclosed in “Item 1A. Risk Factors” in Part I of our Annual Report on Form 10-K for the year ended. December 31, 2021.

Basic Logo

Source: Vornado Realty Trust Company

2023 GlobeNewswire, Inc., source Press release



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *