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VNO ex-dividend on 11/3 (1.2%, special)

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Vornado Realty Trust, a REIT, will pay a dividend of $1.39 on November 21 to holders as of Friday, November 3. 85 cents per share is the regular quarterly dividend (up 5c), and 54 cents per share is a special dividend to distribute the long-term capital gain recognized on the sale of its investment in Sears Holdings Inc. common stock. VNO is undoubtly a well-managed REIT, but the recent run up seems to have gone passed the fundamentals. Don’t hold too long if you are long.

VNO quote

This entry was posted on Monday, October 30th, 2006 at 12:22 am and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “VNO ex-dividend on 11/3 (1.2%, special)”

  1. paul Says:
    October 30th, 2006 at 6:54 am

    Ckeck out EMF too. They have a $3.48 div. x-date 11-1.

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