Vornado Realty Trust's Series N preferred shares yield surpasses 8%

From Nasdaq.: 2025-05-13 14:34:00

Shares of Vornado Realty Trust’s 5.25% Series N Cumulative Redeemable Preferred Shares (VNO.PRN) were yielding above 8% on Tuesday, with a quarterly dividend of $1.3125. The stock traded at a low of $16.35, representing a 31.12% discount to its liquidation preference amount. In comparison, the average yield in the “Real Estate” preferred stock category is 7.32%. VNO.PRN is up 0.3% for the day, while common shares (VNO) are down 2.7%. For more information on high-yield preferred stocks, visit Preferred Stock Channel.



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