Vornado Declares Quarterly Common Dividend of $.375 Per Share

Jan 18, 2023

NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO, Financial) announced today that its Board of Trustees has declared a reduced quarterly dividend of $.375 per share. The decrease is in recognition of the current state of the economy and capital markets and is reflective of Vornado’s reduced projected 2023 taxable income, primarily due to higher interest expense.

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