Vornado Realty Trust (VNO) Dividend History
VNO latest dividend
$0.74last dividend per share
Ex-dividend dateDec 18Thursday, 2025
Payment dateDec 29Monday, 2025
The next dividend has not been announced yet.
- 1990paying since
- Once a year1 payments a year
- −20.8%5-year growth a year
- 2.25%forward yield
VNO dividend income calculator
- Dividend income a year
- $74
- Each payment
- $74
- Value of the shares
- $3,293
- Dividend yield
- 2.25%
At the latest close; forward annual dividend $0.74 per share, before tax.
VNO dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
VNO dividend safety
Payout ratio (earnings)117.5%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)16.2%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)−20.8%
Shrinking · a year on average
Years of increases0
Short record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
VNO yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $39.22 | 1.89% | $0.74 | 1.9% |
| 3 years ago | $21.66 | 3.42% | $1.78 | 8.2% |
| 5 years ago | $45.13 | 1.64% | $4.80 | 10.6% |
| 10 years ago | $77.70 | 0.95% | $18.74 | 24.1% |
| 20 years ago | $83.94 | 0.88% | $42.09 | 50.1% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
VNO dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
VNO dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $0.74 | 0.0% | 2.22% | 1 |
| 2024 | $0.74 | +9.6% | 1.76% | 1 |
| 2023 | $0.68 | −68.2% | 2.39% | 2 |
| 2022 | $2.12 | 0.0% | 10.19% | 4 |
| 2021 | $2.12 | −10.9% | 5.06% | 4 |
| 2020 | $2.38 | −48.1% | 6.37% | 4 |
| 2019 | $4.59 | — | 6.90% | 5 |
| 2018 | $2.52 | +7.3% | 4.06% | 4 |
| 2017 | $2.35 | +15.3% | 3.00% | 4 |
| 2016 | $2.04 | 0.0% | 2.41% | 4 |
| 2015 | $2.04 | −4.6% | 2.52% | 4 |
| 2014 | $2.14 | 0.0% | 2.48% | 4 |
| 2013 | $2.14 | −22.3% | 3.29% | 4 |
| 2012 | $2.75 | — | 4.70% | 5 |
| 2011 | $2.02 | +6.2% | 3.59% | 4 |
| 2010 | $1.90 | −27.6% | 3.12% | 4 |
| 2009 | $2.63 | −1.7% | 5.13% | 4 |
| 2008 | $2.67 | +5.8% | 6.05% | 4 |
| 2007 | $2.52 | −9.0% | 3.92% | 4 |
| 2006 | $2.77 | — | 3.12% | 4 |
VNO dividend history
140 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2025-12-18 | 2025-12-29 | $0.74 | — | Once a year |
| 2024-12-16 | 2024-12-27 | $0.74 | +146.7% | Once a year |
| 2023-12-14 | 2023-12-27 | $0.3 | −20.0% | Quarterly |
| 2023-01-27 | 2023-02-10 | $0.375 | −29.2% | Quarterly |
| 2022-11-04 | 2022-11-18 | $0.53 | — | Quarterly |
| 2022-08-05 | 2022-08-19 | $0.53 | — | Quarterly |
| 2022-05-06 | 2022-05-20 | $0.53 | — | Quarterly |
| 2022-01-28 | 2022-02-11 | $0.53 | — | Quarterly |
| 2021-11-05 | 2021-11-19 | $0.53 | — | Quarterly |
| 2021-08-06 | 2021-08-20 | $0.53 | — | Quarterly |
| 2021-05-07 | 2021-05-21 | $0.53 | — | Quarterly |
| 2021-01-29 | 2021-02-12 | $0.53 | — | Quarterly |
| 2020-11-06 | 2020-11-20 | $0.53 | — | Quarterly |
| 2020-08-07 | 2020-08-21 | $0.53 | −19.7% | Quarterly |
| 2020-05-08 | 2020-05-22 | $0.66 | — | Quarterly |
| 2020-01-24 | 2020-02-14 | $0.66 | −66.2% | Quarterly |
Show all 140 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2019-12-27 | 2020-01-15 | $1.95 | +195.5% | |
| 2019-11-01 | 2019-11-18 | $0.66 | — | Quarterly |
| 2019-08-02 | 2019-08-16 | $0.66 | — | Quarterly |
| 2019-05-03 | 2019-05-17 | $0.66 | — | Quarterly |
| 2019-01-25 | 2019-02-14 | $0.66 | +4.8% | Quarterly |
| 2018-11-02 | 2018-11-19 | $0.63 | — | Quarterly |
| 2018-08-03 | 2018-08-17 | $0.63 | — | Quarterly |
| 2018-05-04 | 2018-05-18 | $0.63 | — | Quarterly |
| 2018-01-26 | 2018-02-15 | $0.63 | +5.0% | Quarterly |
| 2017-11-03 | 2017-11-20 | $0.6 | — | Quarterly |
| 2017-08-03 | 2017-08-18 | $0.6 | +4.5% | Quarterly |
| 2017-05-04 | 2017-05-19 | $0.574 | — | Quarterly |
| 2017-01-26 | 2017-02-15 | $0.574 | +12.7% | Quarterly |
| 2016-11-03 | 2016-11-21 | $0.5093 | — | Quarterly |
| 2016-08-05 | 2016-08-19 | $0.5093 | — | Quarterly |
| 2016-05-06 | 2016-05-20 | $0.5093 | — | Quarterly |
| 2016-01-28 | 2016-02-16 | $0.5093 | — | Quarterly |
| 2015-11-06 | 2015-11-23 | $0.5093 | — | Quarterly |
| 2015-08-07 | 2015-08-21 | $0.5093 | — | Quarterly |
| 2015-05-08 | 2015-05-22 | $0.5093 | — | Quarterly |
| 2015-01-29 | 2015-02-17 | $0.5093 | −4.6% | Quarterly |
| 2014-11-06 | 2014-11-21 | $0.5341 | — | Quarterly |
| 2014-08-07 | 2014-08-21 | $0.5341 | — | Quarterly |
| 2014-05-08 | 2014-05-22 | $0.5341 | — | Quarterly |
| 2014-01-23 | 2014-02-18 | $0.5341 | — | Quarterly |
| 2013-11-07 | 2013-11-22 | $0.5341 | — | Quarterly |
| 2013-08-08 | 2013-08-22 | $0.5341 | — | Quarterly |
| 2013-05-09 | 2013-05-23 | $0.5341 | — | Quarterly |
| 2013-01-24 | 2013-02-19 | $0.5341 | −27.0% | Quarterly |
| 2012-12-06 | 2012-12-21 | $0.7316 | +44.9% | |
| 2012-11-07 | 2012-11-19 | $0.5048 | — | Quarterly |
| 2012-08-08 | 2012-08-21 | $0.5048 | — | Quarterly |
| 2012-05-10 | 2012-05-24 | $0.5048 | — | Quarterly |
| 2012-01-26 | 2012-02-21 | $0.5048 | — | Quarterly |
| 2011-11-09 | 2011-11-23 | $0.5048 | — | Quarterly |
| 2011-08-08 | 2011-08-22 | $0.5048 | — | Quarterly |
| 2011-05-05 | 2011-05-23 | $0.5048 | — | Quarterly |
| 2011-01-26 | 2011-02-22 | $0.5048 | +6.2% | Quarterly |
| 2010-11-08 | 2010-11-22 | $0.4755 | — | Quarterly |
| 2010-08-09 | 2010-08-23 | $0.4755 | — | Quarterly |
| 2010-05-06 | 2010-05-24 | $0.4755 | — | Quarterly |
| 2010-01-26 | 2010-02-22 | $0.4755 | +4.2% | Quarterly |
| 2009-11-06 | 2009-12-14 | $0.4565 | −5.2% | Quarterly |
| 2009-08-07 | 2009-09-14 | $0.4814 | −35.1% | Quarterly |
| 2009-05-07 | 2009-06-12 | $0.7419 | −21.6% | Quarterly |
| 2009-02-03 | 2009-03-12 | $0.946 | +36.1% | Quarterly |
| 2008-11-07 | 2008-11-21 | $0.695 | +5.6% | Quarterly |
| 2008-08-07 | 2008-08-22 | $0.6584 | — | Quarterly |
| 2008-05-08 | 2008-05-22 | $0.6584 | — | Quarterly |
| 2008-01-28 | 2008-02-20 | $0.6584 | — | Quarterly |
| 2007-10-10 | 2007-10-26 | $0.6584 | +5.9% | Quarterly |
| 2007-08-07 | 2007-08-22 | $0.6219 | — | Quarterly |
| 2007-04-27 | 2007-05-21 | $0.6219 | — | Quarterly |
| 2007-01-29 | 2007-02-13 | $0.6219 | −38.8% | Quarterly |
| 2006-11-03 | 2006-11-21 | $1.02 | +73.7% | Quarterly |
| 2006-08-07 | 2006-08-22 | $0.5853 | — | Quarterly |
| 2006-05-03 | 2006-05-17 | $0.5853 | — | Quarterly |
| 2006-01-27 | 2006-02-08 | $0.5853 | +3.9% | Quarterly |
| 2005-12-22 | 2005-12-30 | $0.5633 | −3.8% | |
| 2005-11-08 | 2005-11-18 | $0.5853 | +5.3% | Quarterly |
| 2005-08-02 | 2005-08-12 | $0.556 | — | Quarterly |
| 2005-05-03 | 2005-05-13 | $0.556 | −4.3% | Quarterly |
| 2005-02-03 | 2005-02-15 | $0.5809 | +4.5% | Quarterly |
| 2004-11-10 | 2004-11-26 | $0.556 | +7.0% | Quarterly |
| 2004-07-29 | 2004-08-12 | $0.5194 | — | Quarterly |
| 2004-04-29 | 2004-05-13 | $0.5194 | −18.4% | Quarterly |
| 2004-01-29 | 2004-02-10 | $0.6365 | +443.7% | Quarterly |
| 2003-12-16 | 2003-12-29 | $0.1171 | −77.5% | |
| 2003-11-06 | 2003-11-18 | $0.5194 | +4.4% | Quarterly |
| 2003-07-31 | 2003-08-12 | $0.4975 | — | Quarterly |
| 2003-05-01 | 2003-05-13 | $0.4975 | — | Quarterly |
| 2003-01-30 | 2003-02-11 | $0.4975 | — | Quarterly |
| 2002-11-07 | 2002-11-20 | $0.4975 | +3.0% | Quarterly |
| 2002-08-01 | 2002-08-13 | $0.4829 | — | Quarterly |
| 2002-05-02 | 2002-05-14 | $0.4829 | — | Quarterly |
| 2002-01-31 | 2002-02-12 | $0.4829 | +112.9% | Quarterly |
| 2001-12-26 | 2002-01-08 | $0.2268 | −53.0% | |
| 2001-11-01 | 2001-11-13 | $0.4829 | +10.2% | Quarterly |
| 2001-08-02 | 2001-08-14 | $0.4382 | +13.0% | Quarterly |
| 2001-05-03 | 2001-05-15 | $0.3877 | — | Quarterly |
| 2001-02-01 | 2001-02-13 | $0.3877 | — | Quarterly |
| 2000-11-02 | 2000-11-14 | $0.3877 | +10.4% | Quarterly |
| 2000-08-03 | 2000-08-15 | $0.3512 | — | Quarterly |
| 2000-05-04 | 2000-05-16 | $0.3512 | — | Quarterly |
| 2000-02-03 | 2000-02-15 | $0.3512 | — | Quarterly |
| 1999-11-04 | 1999-11-16 | $0.3512 | +9.6% | Quarterly |
| 1999-08-05 | 1999-08-17 | $0.3205 | −0.5% | Quarterly |
| 1999-05-06 | 1999-05-18 | $0.3219 | — | Quarterly |
| 1999-02-04 | 1999-02-16 | $0.3219 | — | Quarterly |
| 1998-11-05 | 1998-11-17 | $0.3219 | +11.4% | Quarterly |
| 1998-08-06 | 1998-08-18 | $0.2888 | — | Quarterly |
| 1998-05-05 | 1998-05-15 | $0.2888 | — | Quarterly |
| 1998-02-05 | 1998-02-17 | $0.2888 | — | Quarterly |
| 1997-11-06 | 1997-11-18 | $0.2888 | +25.0% | Quarterly |
| 1997-10-10 | — | $0.2311 | — | |
| 1997-07-31 | 1997-08-12 | $0.2311 | — | Quarterly |
| 1997-05-01 | 1997-05-13 | $0.2311 | — | Quarterly |
| 1997-02-06 | 1997-02-18 | $0.2311 | +4.9% | Quarterly |
| 1996-10-31 | 1996-11-12 | $0.2202 | — | Quarterly |
| 1996-08-01 | 1996-08-13 | $0.2202 | — | Quarterly |
| 1996-05-02 | 1996-05-14 | $0.2202 | — | Quarterly |
| 1996-02-01 | 1996-02-13 | $0.2202 | +121.8% | Quarterly |
| 1995-11-02 | 1995-11-14 | $0.0993 | −50.9% | Quarterly |
| 1995-08-03 | 1995-08-15 | $0.2022 | — | Quarterly |
| 1995-05-02 | 1995-05-16 | $0.2022 | — | Quarterly |
| 1995-01-31 | 1995-02-14 | $0.2022 | +12.0% | Quarterly |
| 1994-11-01 | 1994-11-15 | $0.1805 | — | Quarterly |
| 1994-08-02 | 1994-08-16 | $0.1805 | — | Quarterly |
| 1994-05-03 | 1994-05-17 | $0.1805 | — | Quarterly |
| 1994-02-04 | 1994-02-18 | $0.1805 | +13.6% | Quarterly |
| 1993-11-02 | 1993-11-16 | $0.1589 | — | Quarterly |
| 1993-08-03 | 1993-08-17 | $0.1589 | +41.9% | Quarterly |
| 1993-05-24 | 1993-06-04 | $0.1119 | −90.8% | Quarterly |
| 1993-05-07 | 1993-06-03 | $1.21 | +995.7% | Once a year |
| 1993-02-09 | 1993-02-23 | $0.1107 | — | |
| 1992-11-17 | 1992-12-01 | $0.1107 | +9.5% | |
| 1992-08-11 | 1992-08-25 | $0.1011 | — | |
| 1992-05-12 | 1992-05-27 | $0.1011 | — | |
| 1992-02-11 | 1992-02-26 | $0.1011 | — | |
| 1991-11-12 | 1991-11-26 | $0.1011 | +5.0% | |
| 1991-08-13 | 1991-08-27 | $0.0963 | — | |
| 1991-05-14 | 1991-05-29 | $0.0963 | — | |
| 1991-02-05 | 1991-02-19 | $0.0963 | — | |
| 1990-11-06 | — | $0.0963 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
VNO stock split history
- 1237:1000July 18, 2017
- 10000:9050January 16, 2015
- 1000:987October 19, 1998
- 2:1October 21, 1997
- 3:2March 26, 1993
- 5:1June 3, 1991
VNO dividend overview
Vornado Realty pays an annual dividend of $0.74 per share, a yield of 2.25% at the latest close, paid once a year. It paid $0.74 per share in 2025, unchanged from 2024. Over five years the dividend grew −20.8% a year on average and over ten years −9.6% a year. The payout ratio is 117.5% of trailing earnings.
Related: VNO cash flow statement, VNO key metrics, VNO chart. See the VNO stock overview for the latest quote and news.
VNO dividends FAQ
Does Vornado Realty pay a dividend?
Yes. Vornado Realty has paid a regular dividend since 1990, once a year, most recently $0.74 per share with an ex-dividend date of December 18, 2025.
What is Vornado Realty's dividend yield?
Vornado Realty's forward annual dividend is $0.74 per share, a dividend yield of 2.25% at the latest close of $32.93.
How often does Vornado Realty pay dividends?
Vornado Realty pays dividends once a year.
How fast is Vornado Realty's dividend growing?
Vornado Realty's dividend per share grew from $2.38 in 2020 to $0.74 in 2025, −20.8% a year on average over five years.
What is Vornado Realty's dividend payout ratio?
Vornado Realty pays out 117.5% of its trailing earnings as dividends and 16.2% of its free cash flow (fiscal 2025).
Has Vornado Realty split its stock?
Vornado Realty has split its stock 6 times: 1237:1000 on July 18, 2017, 10000:9050 on January 16, 2015, 1000:987 on October 19, 1998, 2:1 on October 21, 1997, 3:2 on March 26, 1993, 5:1 on June 3, 1991. Dividends per share on this page are adjusted for splits.