SmarterDividends
VNO

Vornado Realty Trust

VNO

Real Estate · Stock · annual payer

Forward Yield

2.12%

Annual Dividend

$0.74

Payout Ratio

20%

5-Yr Growth

4.5%

Ex-Date

Dec 18, 2025

Frequency

Annual

VNO Dividend Safety Score

60/ 100
Grade C

Borderline

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage20% of earnings paid out
Balance-sheet strengthDebt/equity of 1.26
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is VNO a good dividend stock?

Yes, with caveats

Vornado Realty Trust (VNO) pays a annual dividend yielding 2.12% ($0.74/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (20%)

Risks

  • Cut its dividend in 2021
  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.12%
Payout Ratio
20%
Annual Dividend
$0.74
5-Yr Avg Growth
4.5%
Ex-Dividend Date
Dec 18, 2025
Years of Growth
2
Frequency
annual
Beta
1.56
Market Cap
$7.2B
P/E Ratio
9.6
5-Yr Total Return
-25%
52-Week Range
$24.57 – $43.37
Dividend Safety
C · 60/100
Ever Cut?
Yes (2021)
VNO ex-dividend date & scheduleNext ex-date Dec 18, 2025 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.74 / yr per share

Per payment (annual)$74.00
Annual$74.00
Monthly avg$6.17