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Vornado Realty Trust boosted its dividend despite a Q4 earnings miss, as institutional holdings rose significantly.
Vornado Realty Trust saw increased stockholdings by several institutional investors in the last quarter, including MCF Advisors LLC, which raised its holdings by 140.7%.
Despite a Q4 earnings miss, the company boosted its quarterly dividend to $0.74, up from $0.30.
Analyst ratings for VNO vary, ranging from "hold" to "outperform."
The company has a market cap of $7.91 billion and a dividend yield of 7.13%.
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Vornado Realty Trust aumentó su dividendo a pesar de una pérdida de ganancias del Q4, ya que las tenencias institucionales aumentaron significativamente.