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Vornado Realty raises dividend 5 cents to 95 cents
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PARAMUS N.J. - Vornado Realty Trust said Friday it will raise its dividend 5 cents over the previous quarter to 95 cents.
The higher quarterly dividend will pay out Nov. 21 to shareholders on record by Nov. 12.
Shares of the real estate investment trust rose $6.39, or 10 percent, to $70.55.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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