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In trading on Monday, shares of Vornado Realty Trust’s 5.40% Series L Cumulative Redeemable Preferred Shares (Symbol: VNO.PRL) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.35), with shares changing hands as low as $16.69 on the day. As of last close, VNO.PRL was trading at a 32.16% discount to its liquidation preference amount, versus the average discount of 17.40% in the “Real Estate” category.
The chart below shows the one year performance of VNO.PRL shares, versus VNO:
Below is a dividend history chart for VNO.PRL, showing historical dividend payments on Vornado Realty Trust’s 5.40% Series L Cumulative Redeemable Preferred Shares:
Free Report: Top 8%+ Dividends (paid monthly)
In Monday trading, Vornado Realty Trust’s 5.40% Series L Cumulative Redeemable Preferred Shares (Symbol: VNO.PRL) is currently down about 0.9% on the day, while the common shares (Symbol: VNO) are trading flat.
Also see:
Andreas Halvorsen Stock Picks
ETE YTD Return
OXFD YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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