SmarterDividends
VNORP

Vornado Realty Trust

VNORP

Real Estate · REIT - Office · Stock · quarterly payer

$50.11

Overvalued · -39% Add to Portfolio

Forward Yield

4.45%

Annual Dividend

$3.25

Payout Ratio

—

5-Yr Growth

0.0%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about VNORP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Vornado Realty Trust (VNORP) has a forward dividend yield of 4.45%, based on an annual dividend of $3.25 per share and a share price of $50.11.
  • As of Oct 18, 2026, VNORP's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
  • VNORP has never cut its regular dividend in the payment history SmarterDividends has on record.
  • VNORP's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.81 per share.
  • VNORP's dividend has been roughly flat over the past five years.
  • As of Oct 18, 2026, VNORP's 4.45% yield is 17% below its five-year average yield of 5.35%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for VNORP is $30.74 per share, 39% below the $50.11 share price, so VNORP screens as overvalued.
  • Vornado Realty Trust (VNORP) pays its dividend quarterly, 4 times a year.
  • Vornado Realty Trust (VNORP) has raised its regular dividend 0 times and cut it 0 times across the 37 payments on record since 2017. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "VNORP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/VNORP

Summary

As of Oct 18, 2026, Vornado Realty Trust (VNORP) yields 4.45% ($3.25 a year per share) and has a dividend safety grade of B (79/100).

Is VNORP a good dividend stock?

Yes

Vornado Realty Trust (VNORP) pays a quarterly dividend yielding 4.45% ($3.25/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
4.45%
Payout Ratio
—
Annual Dividend
$3.25
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.59
Market Cap
—
P/E Ratio
77.8
5-Yr Total Return
-40%
52-Week Range
$46.26 – $82.00
Dividend Safety
B · 79/100
Ever Cut?
No

VNORP dividend raises and cuts

Vornado Realty Trust (VNORP) has raised its regular dividend 0 times and cut it 0 times across the 37 payments on record since 2017. The regular dividend has not changed in that time.

Every VNORP payment →Download every raise and cut (CSV)
VNORP ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →VNORP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is VNORP a good dividend stock?

Yes. Vornado Realty Trust (VNORP) pays a quarterly dividend yielding 4.45% ($3.25/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is VNORP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, VNORP's fair value is about $30.74 versus a $50.11 share price — so it looks overvalued (-39% vs. fair value).

Is VNORP's dividend safe?

VNORP has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is VNORP's fair value?

Our blended fair-value estimate for VNORP is about $30.74 per share, about 39% below the current $50.11 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is VNORP a buy, hold, or sell?

We don't issue formal ratings, but on the data VNORP screens as "yes" and overvalued. Vornado Realty Trust (VNORP) pays a quarterly dividend yielding 4.45% ($3.25/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will VNORP cut its dividend?

VNORP earns a dividend-safety grade of B (79/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does VNORP pay a dividend?

Yes. Vornado Realty Trust pays a quarterly dividend of about $3.25 per share annually, a forward yield of roughly 4.45%.

What is VNORP's dividend yield?

As of Oct 18, 2026, VNORP's forward dividend yield is 4.45%, based on a $3.25 annual dividend and a $50.11 share price.

What is VNORP's dividend per share?

As of Oct 18, 2026, VNORP pays $3.25 per share per year, distributed on a quarterly basis.

How many years has VNORP grown its dividend?

VNORP does not currently have a long dividend-growth streak on record.

When is the next VNORP ex-dividend date?

As of Oct 18, 2026, VNORP's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.81 per share.

Income Calculator

At $3.25 / yr per share

Per payment (quarterly)$81.25
Annual$325.00
Monthly avg$27.08

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