|
Vornado Realty Trust, 6.875% Series J Cumulative Redeemable Preferred Shares
Ticker Symbol: VNO-J* CUSIP: 929042869 Exchange: NYSE
* NOTE: This security is no longer trading as of 9/01/2016
Security has been Called for: Thursday, September 1, 2016
August 1, 2016 -- Vornado Realty Trust today announced that it is calling for the redemption of all of its outstanding 6.875% Series J Cumulative Redeemable Preferred Shares on September 1, 2016 at a redemption price of $25.00 per share, or $246.25 million in the aggregate, plus accrued and unpaid dividends through the date of redemption. American Stock Transfer & Trust Company LLC is serving as redemption agent.
|
QUANTUMONLINE.COM SECURITY DESCRIPTION: Vornado Realty Trust, 6.875% Series J Cumulative Redeemable Preferred Shares, liquidation preference $25 per share, redeemable at the issuer's option on or after 4/20/2016 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 6.875% ($1.71875) per annum are paid quarterly on 1/1, 4/1, 7/1 & 10/1 to holders of record on the record date fixed by the board, not more than 30 days prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Dividends paid by preferreds issued by REITs are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. In regard to the payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
|
Go to Parent Company's Record (VNO)
IPO - 4/13/2011 - 7.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Previous Ticker Symbol: VNONP Changed: 4/25/2011
Market Value $175.0 Million
Company's Online Information Links
|
Company's Online SEC EDGAR Filings |
Company's Email Address Links |
Address and Phone Numbers |
Address: 888 Seventh Avenue, New York, NY 10019 |
Main Phone Number |
212-894-7000 |
Fax Number |
201-587-0600 |
Investor Contact (CFO)
Stephen W. Theriot
|
201-587-1000
|
Toll Free Phone Number |
Unknown |
CEO - Steven Roth |
CFO - Stephen W. Theriot |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|