Vornado Realty Trust Dividends and Buybacks

Dividend criteria checks 3/6

Vornado Realty Trust is a dividend paying company with a current yield of 1.85% that is well covered by earnings.

Key information

1.9%

Dividend yield

-0.002%

Buyback Yield

Total Shareholder Yield1.9%
Future Dividend Yield3.3%
Dividend Growth3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.740
Payout ratio25%

Recent dividend and buyback updates

Recent updates

Vornado Realty Trust: Manhattan Is The Best Office Real Estate Market In America, Preferreds Should Rally

Nov 13

Vornado: A Full Recovery Is Priced In

Nov 06

Vornado Realty Trust: My Largest Preferred Position Is The Series O

Aug 15

Vornado Realty Trust: An 8.5% Yield For 52 Cents With The Series O Preferreds

Jun 07

Vornado Realty Trust Q1 Earnings: Management Is Excited, But There Is Reason To Be Cautious

May 16

Vornado Realty: I'm Still Buying The Preferreds

Apr 01

Vornado Realty: I Backed Up The Truck Ahead Of Earnings

Jan 21

Vornado: Valuation Normalized (Downgrade To Hold)

Jan 13

Vornado: Q3 Results Point To A Steady Decline, Leaving Shares Unappealing

Oct 31

New York Office Risks Remain, But Vornado Is Appropriately Discounted

Oct 11

Vornado Realty's 8.7% Yielding Preferreds For 60 Cents On The Dollar

Sep 01

Vornado: Exceptional Results Vs. The Exceptional Debt Load

Aug 01

Vornado Realty Has Steam Heading Into Earnings After The SL Green News

Jul 10

Vornado: Landmark Transaction May Re-Rate Office REITs Higher

Jun 27

Vornado Realty Is Besieged On All Sides

May 30

Vornado Realty Trust Q4 Earnings Preview

Feb 12

Vornado Realty Trust expects $600M non-cash impairment charges in Q4

Jan 31

Vornado Realty: Avoid The Dividend Cut With The 8.6% Preferreds

Dec 28

Vornado: Expect A Dividend Cut

Dec 12

Vornado: Upside Could Offset Any Correction In The Dividend Payout

Nov 04

Vornado Realty Trust's Balance Sheet Adds To Office Woes

Oct 25

You Say Vornado, I Say Vornado

Aug 31

Vornado Realty Trust: Deal-Making Opportunities Are Brewing

Aug 03

Vornado Realty Trust declares $0.53 dividend

Jul 28

Vornado Realty Trust completes sale of a New York office building for $172.8M

Jul 05

Vornado Realty Trust: Over 6% Dividend Yield On Premier NYC Properties

May 24

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: VNO's dividend payments have been volatile in the past 10 years.

Growing Dividend: VNO's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Vornado Realty Trust Dividend Yield vs Market
How does VNO dividend yield compare to the market?
SegmentDividend Yield
Company (VNO)1.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Office REITs)4.9%
Analyst forecast (VNO) (up to 3 years)3.3%

Notable Dividend: VNO's dividend (1.85%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: VNO's dividend (1.85%) is low compared to the top 25% of dividend payers in the US market (4.57%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.2%), VNO's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (28.3%), VNO's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 01:20
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vornado Realty Trust is covered by 32 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Ross SmotrichBarclays
Brendan LynchBarclays