Vornado Declares Quarterly Dividends On Preferred Shares

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NEW YORK, Oct. 27, 2022 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:VNO) introduced immediately that its Board of Trustees has declared the next quarterly most popular dividends:

Series A Convertible $ .8125000 per share
Series L Cumulative Redeemable $ .3375000 per share
Series M Cumulative Redeemable $ .3281250 per share
Series N Cumulative Redeemable $ .3281250 per share
Series O Cumulative Redeemable $ .2781250 per share

In every case, dividends are payable on January 3, 2023 to shareholders of report on December 15, 2022.

Vornado Realty Trust is a fully-integrated fairness actual property funding belief.

CONTACT

Thomas J. Sanelli
(212) 894-7000

Certain statements contained herein could represent “forward-looking statements” throughout the which means of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements contain recognized and unknown dangers, uncertainties and different components which can trigger the precise outcomes, efficiency or achievements of the Company to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. For a dialogue of things that might materially have an effect on the result of our forward-looking statements and our future outcomes and monetary situation, see “Risk Factors” in Part I, Item 1A, of our Annual Report on Form 10-Ok for the yr ended December 31, 2021. Such components embody, amongst others, dangers related to the efficiency of the Company’s properties and common aggressive components. Currently, probably the most important components is the continuing adversarial impact of the COVID-19 pandemic on our business, monetary situation, outcomes of operations, money flows, working efficiency and the impact it has had and will proceed to have on our tenants, the worldwide, nationwide, regional and native economies and monetary markets and the true property market typically. The extent of the impression of the COVID-19 pandemic will proceed to rely upon future developments, together with the length of the pandemic, present and future variants, the efficacy and sturdiness of vaccines towards the variants and the potential for elevated authorities restrictions, which proceed to be unsure presently however that impression may very well be materials. Moreover, you might be cautioned that the COVID-19 pandemic will heighten most of the dangers recognized in “Item 1A. Risk Factors” in Part I of our Annual Report on Form 10-Ok for the yr ended December 31, 2021.



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