Vornado Realty Trust (Vornado Realty Trust) Dividend Payout Ratio

: 7.50 (As of Dec. 2023)

View and export this data going back to 1965. Start your Free Trial

Vornado Realty Trust's dividend payout ratio for the months ended in Dec. 2023 was 7.50.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vornado Realty Trust is 2.15, which seems too high.

The historical rank and industry rank for Vornado Realty Trust's Dividend Payout Ratio or its related term are showing as below:

VNO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 2.56 Max: 10.66
Current: 2.15

During the past 13 years, the highest Dividend Payout Ratio of Vornado Realty Trust was 10.66. The lowest was 0.21. And the median was 2.56.

VNO's Dividend Payout Ratio is ranked worse than
82.06% of 563 companies
in the REITs industry
Industry Median: 1.01 vs VNO: 2.15

As of today (2024-04-24), the Dividend Yield % of Vornado Realty Trust is 1.10%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Vornado Realty Trust was 15.61%. The lowest was 1.09%. And the median was 3.93%.

Vornado Realty Trust's Dividends per Share for the months ended in Dec. 2023 was $0.30.

During the past 12 months, Vornado Realty Trust's average Dividends Per Share Growth Rate was -68.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -34.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -19.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -8.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vornado Realty Trust was 77.60% per year. The lowest was -34.30% per year. And the median was 5.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Vornado Realty Trust Dividend Payout Ratio Historical Data

The historical data trend for Vornado Realty Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vornado Realty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.21

6.09

4.86

Vornado Realty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															5.30	75.00	-	-	7.50

Competitive Comparison

For the REIT - Office subindustry, Vornado Realty Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vornado Realty Trust Dividend Payout Ratio Distribution

For the REITs industry and Real Estate sector, Vornado Realty Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Vornado Realty Trust's Dividend Payout Ratio falls into.

Vornado Realty Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Vornado Realty Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.675	/	0.139
	=	4.86

Vornado Realty Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.3	/	0.04
	=	7.50

Vornado Realty Trust (NYSE:VNO) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Vornado Realty Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Vornado Realty Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Vornado Realty Trust (Vornado Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vornado Realty Trust (NYSE:VNO) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

VNOpO.PFD:USA VNOPN.PFD:USA VNOpM.PFD:USA VNORP.PFD:USA VNOpL.PFD:USA VO7:Germany V1NO34:Brazil

Address

888 Seventh Avenue, New York, NY, USA, 10019

Website

https://www.vno.com

Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.

Executives

Michael D Fascitelli	director, officer: President	MDF CAPITAL, 888 7TH AVENUE, 27TH FLOOR, NEW YORK NY 10019
Wight Russell B Jr	director
Raymond J Mcguire	director	5 GIRALDA FARMS, MADISON NJ 07940
Deirdre K. Maddock	officer: SVP - Chief Accounting Officer	210 ROUTE 4 EAST, 210 W RTE 4 EAST, PARAMUS NJ 07652
Beatrice Hamza Bassey	director	2188 LEDGE ROCK LANE, HENDERSON NV 89052
William W Helman	director	GREYLOCK, 880 WINTER ST SUITE 300, WALTHAM MA 02451
Barry Langer	officer: EVP - Dev. Co-Head of R.E.	C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Glen J. Weiss	officer: EVP- Off Leasing Co- Head R.E.	C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Haim Chera	officer: EVP- Head of Retail	C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Joseph Macnow	officer: Exec. VP--Finance, CFO
Matthew Iocco	officer: EVP - Principal Accounting Off	888 7TH AVENUE, NEW YORK NY 10019
Mitchell N Schear	officer: President - Smith Division
Mandakini Puri	director	C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Daniel R Tisch	director	460 PARK AVENUE, NEW YORK NY 10022
Wendy Silverstein	officer: Exec VP-Capital Markets