Vornado Realty Trust's Series L Preferred Shares Cross 8.5% Yield Mark
March 14, 2024 at 14:26 PM EDT
In trading on Thursday, shares of Vornado Realty Trust's 5.40% Series L Cumulative Redeemable Preferred Shares (VNO. RL) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.35), with shares changing hands as low as $15.63 on the day.