Vornado Realty Trust (VNO), today announced that its Board of Trustees has declared an increased quarterly cash dividend of $0.69 per share, $2.76 annualized. The former annual rate was $2.60 per share. The increased dividend will be payable on February 22, 2011 to shareholders of record on January 28, 2011.
Shares of VNO gained 76 cents, or 0.90%, to $83.82 in recent trading.
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