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Veris Residential Declares Second Quarter 2025 Cash Dividend

1. Veris Residential declared a $0.08 cash dividend for Q2 2025. 2. Dividend to be paid on July 10, 2025, for shareholders of record. 3. Future dividends depend on various financial metrics and Board approval. 4. Company focuses on Class A multifamily properties in the Northeast. 5. Veris has a technology-enabled platform enhancing resident experience.

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FAQ

Why Bullish?

The declaration of a dividend typically reassures investors, signaling stability and profitability. Historical examples show that REITs that maintain or grow dividends often see stock price appreciation.

How important is it?

The dividend announcement is a critical factor for investor sentiment in REITs. It reflects management's confidence in cash flow and can influence stock acquisition attractiveness.

Why Short Term?

The immediate reaction to dividend announcements occurs swiftly, impacting stock prices within a few days to weeks. Past trends indicate that dividend announcements usually lead to short-term peaks in stock valuations.

Related Companies

, /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the second quarter 2025 in the amount of $0.08 for the period ending June 30, 2025. The dividend will be paid on July 10, 2025, to shareholders of record as of June 30, 2025. The timing and amount of future dividends is subject to approval by the Board of Directors, taking into consideration multiple factors including but not limited to the Company's AFFO and actual cash flows from operations, its estimate of taxable income and related distribution requirements, as well as any capital requirements. About Veris Residential, Inc. Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit http://www.verisresidential.com/. Contact InvestorsMackenzie RiceDirector, Investor Relations[email protected] Media Amanda Shpiner/Grace CartwrightGasthalter & Co.212-257-4170[email protected] SOURCE Veris Residential, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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