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 2.21%
Payout Ratio 17.7%
Growth Rate CAGR 5y -23.14%
Consistency Lifetime 91.8%
Yield on Cost 5y 2.31%
Payout FCF 15.4%
Streak Years 36
Dividend Rating 20.50%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: -25.2%
Total Return 5y: -5.8%

Top Dividend Payers in Diversified REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
NLOP 289 M 51.1% 160%
GOOD 563 M 9.29% 11.4%
OLP 466 M 7.89% 11.9%
PSTL 611 M 7.19% 10.0%
PINE 320 M 7.31% 9.19%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
NLOP 289 M 360% 51.2%
HABA 462 M 36.1% 93.2%
LXP 3,050 M 25.6% 93.8%
EPRT 5,985 M 4.77% 100%
AAT 1,469 M 4.06% 99.0%

VNO Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ 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%
2021-05-07 2021-05-10 2021-05-21 Quarterly 0.53 0% 1.15%
2021-01-29 2021-02-01 2021-02-12 Quarterly 0.53 0% N/A
2020-11-06 2020-11-09 2020-11-20 Quarterly 0.53 0% N/A
2020-08-07 2020-08-10 2020-08-21 Quarterly 0.53 -19.7% N/A
2020-05-08 2020-05-11 2020-05-22 Quarterly 0.66 0% N/A
2020-01-24 2020-01-27 2020-02-14 Quarterly 0.66 -66.2% N/A
2019-12-27 2019-12-30 2020-01-15 Other 1.95 195.5% N/A
2019-11-01 2019-11-04 2019-11-18 Quarterly 0.66 0% N/A
2019-08-02 2019-08-05 2019-08-16 Quarterly 0.66 0% N/A
2019-05-03 2019-05-06 2019-05-17 Quarterly 0.66 0% N/A
2019-01-25 2019-01-28 2019-02-14 Quarterly 0.66 4.8% N/A
2018-11-02 2018-11-05 2018-11-19 Quarterly 0.63 0% N/A
2018-08-03 2018-08-06 2018-08-17 Quarterly 0.63 0% N/A
2018-05-04 2018-05-07 2018-05-18 Quarterly 0.63 0% N/A
2018-01-26 2018-01-29 2018-02-15 Quarterly 0.63 5% N/A
2017-11-03 2017-11-06 2017-11-20 Quarterly 0.6 0% N/A
2017-08-03 2017-08-07 2017-08-18 Quarterly 0.6 -15.5% N/A
2017-05-04 2017-05-08 2017-05-19 Quarterly 0.71 0% N/A
2017-01-26 2017-01-30 2017-02-15 Quarterly 0.71 12.7% N/A
2016-11-03 2016-11-07 2016-11-21 Quarterly 0.63 0% N/A
2016-08-05 2016-08-09 2016-08-19 Quarterly 0.63 0% N/A
2016-05-06 2016-05-10 2016-05-20 Quarterly 0.63 0% N/A
2016-01-28 2016-02-01 2016-02-16 Quarterly 0.63 0% N/A
2015-11-06 2015-11-10 2015-11-23 Quarterly 0.63 0% N/A
2015-08-07 2015-08-11 2015-08-21 Quarterly 0.63 0% N/A
2015-05-08 2015-05-12 2015-05-22 Quarterly 0.63 0% N/A
2015-01-29 2015-02-02 2015-02-17 Quarterly 0.63 -13.7% N/A
2014-11-06 2014-11-10 2014-11-21 Quarterly 0.73 0% N/A
2014-08-07 2014-08-11 2014-08-21 Quarterly 0.73 0% N/A
2014-05-08 2014-05-12 2014-05-22 Quarterly 0.73 0% N/A
2014-01-23 2014-01-27 2014-02-18 Quarterly 0.73 0% N/A
2013-11-07 2013-11-12 2013-11-22 Quarterly 0.73 0% N/A
2013-08-08 2013-08-12 2013-08-22 Quarterly 0.73 0% N/A
2013-05-09 2013-05-13 2013-05-23 Quarterly 0.73 0% N/A
2013-01-24 2013-01-28 2013-02-19 Quarterly 0.73 -27% N/A
2012-12-06 2012-12-10 2012-12-21 Other 1 44.9% N/A
2012-11-07 2012-11-09 2012-11-19 Quarterly 0.69 0% N/A
2012-08-08 2012-08-10 2012-08-21 Quarterly 0.69 0% N/A
2012-05-10 2012-05-14 2012-05-24 Quarterly 0.69 0% N/A
2012-01-26 2012-01-30 2012-02-21 Quarterly 0.69 0% N/A

VNO Dividend FAQ

Vornado Realty Trust (NYSE: VNO) is a fully integrated real-estate investment trust that conducts its operations through Vornado Realty L.P., a Delaware limited partnership. As of September 30 2025, Vornado holds roughly 91.5 % of the common limited-partnership interests in the Operating Partnership, making it the sole general partner and effectively the controlling entity for all of its property assets.

What is the Dividend Yield of VNO?

As of February 2026, VNO`s dividend yield is 2.21%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.74 USD by the current share price of 30.99.

Does VNO pay a dividend?

As of February 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 dividends per share for VNO for the next 4 payments are between 0.684 (-7.6%) and 0.685 (-7.4%).
This indicates a moderate dividend reduction compared to the last payment.

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 -23.1% per year.
Negative growth: VNO's Dividend growth is negative and declining.

What is the Yield on Cost of VNO?

VNO's 5-Year Yield on Cost is 2.31%. If you bought VNO's shares at 32.89 USD five years ago, your current annual dividend income (0.74 USD per share, trailing 12 months) equals 2.31% of your original purchase price.

What is the Payout Consistency of VNO?

VNO Payout Consistency is 91.8%. 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.
Very consistent: Vornado Realty Trust has a strong track record of consistent dividend payments over its lifetime.

Does VNO have a good Dividend Yield?

VNO`s 2.21% 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 17.7%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of VNO?

VNO`s Overall Dividend Rating is 20.50%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

VNO Outstanding Shares Analysis

What is the Trend in VNO's Outstanding Shares?

Vornado Realty Trust's outstanding shares have increased by approximately 0.44% annually over the past 3 years (Trend Reliability: 33.3%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

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
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 192,050,000 -4.02%

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: 2026-02-04 02:41