News

In trading on Wednesday, shares of Vornado Realty Trust's 4.45% Series O Cumulative Redeemable Preferred Shares (Symbol: VNO.PRO) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.1125), with shares changing hands as low as $13.08 on the day. This compares to an average yield of 7.91% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, VNO.PRO was trading at a 47.16% discount to its liquidation preference amount, versus the average discount of 14.49% in the "Real Estate" category.

The chart below shows the one year performance of VNO.PRO shares, versus VNO:

Below is a dividend history chart for VNO.PRO, showing historical dividend payments on Vornado Realty Trust's 4.45% Series O Cumulative Redeemable Preferred Shares:

Free Report: Top 8%+ Dividends (paid monthly)

In Wednesday trading, Vornado Realty Trust's 4.45% Series O Cumulative Redeemable Preferred Shares (Symbol: VNO.PRO) is currently down about 0.2% on the day, while the common shares (Symbol: VNO) are down about 1.4%.

Also see:

ESIO Price Target
ETFs Holding MDLY
Funds Holding MYFW

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.