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Vornado Realty Trust Suspends Dividend Amid Economic Uncertainty

REIT Already Cut Payment Twice During Pandemic
Vornado Realty Trust, known for projects such as Manhattan's Penn District development, depicted in a rendering, said it will postpone dividend payments until the end of the year. (Vornado)
Vornado Realty Trust, known for projects such as Manhattan's Penn District development, depicted in a rendering, said it will postpone dividend payments until the end of the year. (Vornado)
CoStar News
April 27, 2023 | 8:02 P.M.

Vornado Realty Trust said it’s suspending paying dividends on its common stock until the end of this year after having already reduced them twice during the pandemic.

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News | Vornado Realty Trust Suspends Dividend Amid Economic Uncertainty