VNO Stock — Vornado Realty Trust

Vornado Realty Trust (VNO)

Updated November 6, 2026.

VNO is a stock. Its distribution rate is 2.07%, its trailing-12-month yield is 2.07%. Dividend Vision Distribution Safety Score™ is 59/100 (Caution). Total return is 25687.2% over the past 46.6 years.

Vornado Realty Trust is a real estate investment trust that owns and operates a diversified portfolio of premier office, retail, and multifamily properties, with substantial concentration in New York City including development of the PENN DISTRICT, along with key assets in Chicago and San Francisco. The trust distributes income on an annual basis at a modest current rate and is recognized as a sustainability leader with comprehensive LEED certification across its office portfolio. This REIT appeals to income-focused investors seeking exposure to high-quality urban real estate assets.

VNO performance

As of Nov 5, 2026

Total return is 25687.2% over the past 46.6 years. Over the past year its total return — price change plus distributions reinvested — is 3.1%. Its deepest 1-year drawdown was 32.1%.

VNO key facts

Distribution Safety Score™

59 · Caution

Safety-Adjusted Yield

1.22%

Issuer

Vornado

Asset type

Stock

Asset class

Equity

Inception date

03/17/1980

Distribution rate

2.07%

Distribution frequency

Annual

Trailing yield

2.07%

5-year average yield

2.31

Last close

$35.82 (as of 2026-11-06)

Market cap

$6,688,329,420

Average volume

1,332,084

Dividend

$0.74

Ex-dividend date

12/18/2025

Payment date

12/29/2025

Beta

1.591

Payout ratio

117.5%

P/E ratio

895.50

Forward P/E

57.14

EPS

$0.04

How Dividend Vision calculates yield and returns

Distribution rate (2.07%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.07%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Vornado; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

VNO risks and drawbacks

VNO's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 32.1%.

Who may consider VNO — and who may not

VNO may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (VNO pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on VNO

• All tickers starting with V

Tagged: Real Estate, Dividend.

Frequently asked questions

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