Vornado Realty Trust's Series L Preferred Shares About To Put More Money In Your Pocket

Vornado Realty Trust's 5.40% Series L preferred shares (VNO.PRL) will trade ex-dividend on 6/15/26 for a quarterly payout of $0.3375 per share, payable on 7/1/26. Based on the recent share price of $17.83, the dividend implies an annualized yield of about 7.6%. The item is routine dividend calendar news with limited expected market impact.

Analysis

Vornado Realty Trust's 5.40% Series L preferred shares (VNO.PRL) will trade ex-dividend on 6/15/26 for a quarterly payout of $0.3375 per share, payable on 7/1/26. Based on the recent share price of $17.83, the dividend implies an annualized yield of about 7.6%. The item is routine dividend calendar news with limited expected market impact.