VNO Dividend History & Analysis | 2.2% Yield

VNO has a dividend yield of 2.2% and paid 0.74 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.18%
Payout Ratio 20.2%
Growth Rate CAGR 5y 6.3%
Consistency Lifetime 87.8%
Yield on Cost 5y 2%
Payout FCF 16.2%
Streak Years 2
Dividend Rating 42.8%
Chowder Number yield + growth 8.5% below 15% target for healthy growth
Yield vs Average 5y -44.4% avg 3.92% vs now 2.18%
Debt / EBITDA leverage 4.9x elevated
Income per 10k invested 218 USD per year
Dividends Cash Amount per Share Yearly VNO annual dividends paid per share, showing the total cash Vornado Realty Trust distributed to shareholders each year.
Dividend Growth Year over Year VNO year-over-year dividend growth rate, showing how Vornado Realty Trust's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History VNO dividend yield history versus share price over the past 5 years, showing how Vornado Realty Trust's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Diversified REITs

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
PINE NYSE
Alpine Income Property
365 M 6.65% 8.28%
LXP NYSE
LXP Industrial Trust
3,245 M 7.38% 6.51%
BNL NYSE
Broadstone Net Lease
4,389 M 6.33% 6.58%
PSTL NYSE
Postal Realty Trust
908 M 5.82% 7.23%
T82U SG
Suntec Real Estate
3,434 M 5.39% 6.64%
WPC NYSE
W P Carey
15,961 M 5.46% 6.46%
CUZ NYSE
Cousins Properties
5,110 M 4.85% 4.27%
EPRT NYSE
Essential Properties Realty
6,791 M 4.14% 5.63%
VNO NYSE
Vornado Realty Trust
7,854 M 2.18% 2.02%
MRL MC
Merlin Properties SOCIMI
10,660 M 1.40% 2.45%
Top 7 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
LXP NYSE
LXP Industrial Trust
3,245 M 4.89% 100.0%
EPRT NYSE
Essential Properties Realty
6,791 M 4.03% 100.0%
BNL NYSE
Broadstone Net Lease
4,389 M 2.52% 100.0%
PINE NYSE
Alpine Income Property
365 M 1.80% 100.0%
PSTL NYSE
Postal Realty Trust
908 M 1.62% 100.0%
VNO NYSE
Vornado Realty Trust
7,854 M 6.29% 87.8%
CUZ NYSE
Cousins Properties
5,110 M 0.18% 98.3%

VNO Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan 0.61% 40
Feb - -
Mar - -
Apr - -
May 0.29% 20
Jun - -
Jul - -
Aug 0.63% 40
Sep - -
Oct - -
Nov 0.71% 40
Dec 0.97% 60

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 10 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2025-12-18 2025-12-18 2025-12-29 Annual 0.74 0% 2.18%
2024-12-16 2024-12-16 2024-12-27 Annual 0.74 +146.7% 1.67%
2023-12-14 2023-12-15 2023-12-27 Quarterly 0.3 -20% 1%
2023-01-27 2023-01-30 2023-02-10 Quarterly 0.375 -29.2% 1.71%
2022-11-04 2022-11-07 2022-11-18 Quarterly 0.53 0% 2.35%
2022-08-05 2022-08-08 2022-08-19 Quarterly 0.53 0% 1.91%
2022-05-06 2022-05-09 2022-05-20 Quarterly 0.53 0% 1.44%
2022-01-28 2022-01-31 2022-02-11 Quarterly 0.53 0% 1.36%
2021-11-05 2021-11-08 2021-11-19 Quarterly 0.53 0% 1.19%
2021-08-06 2021-08-09 2021-08-20 Quarterly 0.53 0% 1.25%

VNO Dividend FAQ

What is the Dividend Yield of VNO?

As of July 2026, VNO's dividend yield is 2.18%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.74 USD by the current share price of 40.34.

Does VNO pay a dividend?

As of July 2026, VNO paid a dividend of 0.74 USD in the last 12 months. The last dividend was paid on 2025-12-18 and the payout was 0.74 USD.

How often does VNO pay dividends?

VNO pays dividends annually. Over the last 12 months, VNO has issued 1 dividend payments. The last dividend payment was made on 2025-12-18.

VNO dividend forecast

Based on historical data, the forecasted dividend per share for VNO for the next payment is 0.747 (+0.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 1.85%.

Will VNO pay dividends in 2026?

The latest dividend paid per share was 0.74 USD with an Ex-Dividend Date of 2025-12-18. The next Ex-Dividend date for Vornado Realty Trust (VNO) is currently unknown.

What is the next Ex-Dividend Date for VNO?

The next Ex-Dividend date for Vornado Realty Trust (VNO) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of VNO?

VNO's average dividend growth rate over the past 5 years is 6.29% per year. Strong growth: VNO's dividend growth is outpacing inflation.

What is the Yield on Cost of VNO?

VNO's 5-Year Yield on Cost is 2.02%. If you bought VNO's shares at 36.68 USD five years ago, your current annual dividend income (0.74 USD per share, trailing 12 months) equals 2.02% of your original purchase price.

What is the Payout Consistency of VNO?

VNO Payout Consistency is 87.8%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Moderately consistent: Vornado Realty Trust has a good track record of consistent dividend payments over its lifetime.

Does VNO have a good Dividend Yield?

VNO's 2.18% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of VNO?

The Dividend Payout Ratio of VNO is 20.2%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of VNO?

VNO's Overall Dividend Rating is 42.81%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

VNO Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in VNO's Outstanding Shares?

Vornado Realty Trust's outstanding shares have decreased by approximately 0.16% annually over the past 3 years (Trend Reliability: 9.2%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has VNO ever had a Stock Split?

Yes, the last stock split was on Jul 18, 2017 with a ratio of 1237:1000. This was a forward split: Each share became 1.24 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 49,968,000 0%
1986 39,983,800 -19.98%
1987 35,824,900 -10.4%
1988 33,193,700 -7.34%
1989 34,213,900 +3.07%
1990 29,320,300 -14.3%
1991 31,869,900 +8.7%
1992 31,728,300 -0.44%
1993 44,784,200 +41.15%
1994 44,598,600 -0.41%
1995 49,899,600 +11.89%
1996 54,152,800 +8.52%
1997 75,828,000 +40.03%
1998 88,416,900 +16.6%
1999 89,495,900 +1.22%
2000 91,154,100 +1.85%
2001 109,343,900 +19.95%
2002 115,423,200 +5.56%
2003 129,530,600 +12.22%
2004 138,003,400 +6.54%
2005 151,919,100 +10.08%
2006 167,254,400 +10.09%
2007 166,629,200 -0.37%
2008 162,440,800 -2.51%
2009 183,445,000 +12.93%
2010 191,529,000 +4.41%
2011 191,886,000 +0.19%
2012 187,529,000 -2.27%
2013 188,240,000 +0.38%
2014 189,336,000 +0.58%
2015 188,658,000 -0.36%
2016 190,372,000 +0.91%
2017 198,233,300 +4.13%
2018 189,611,300 -4.35%
2019 191,304,000 +0.89%
2020 191,279,000 -0.01%
2021 192,040,000 +0.4%
2022 191,831,000 -0.11%
2023 190,361,000 -0.77%
2024 200,084,000 +5.11%
2025 191,759,000 -4.16%
2026 189,658,000 -1.1%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-17 02:37 UTC