Vornado Realty Trust's Series N Preferred Shares Crosses Above 8.5% Yield Territory
March 14, 2024 at 14:25 PM EDT
In trading on Thursday, shares of Vornado Realty Trust's 5.25% Series N Cumulative Redeemable Preferred Shares (VNO. RN) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $15.16 on the day.