Vornado Realty Trust News
Real estate investment trusts have provided a one-two punch of appreciation and income for the past year, but deteriorating fundamentals are starting to overshadow even the highest yields.
The ex-dividend date for Vornado Realty (NYSE:VNO) is tomorrow, May 9, 2013. Owners of shares as of market close today will be eligible for a dividend of 73 cents per share. At a price of $86.67 as of 9:31 a.m., the dividend yield is 3.3%.
Vornado Realty was a leading decliner within the real estate industry, falling $1.02 (-1.2%) to $86.82 on average volume
TheStreet Ratings group highlights 3 stocks pushing the real estate industry lower today.