VNO-P-L: VORNADO REALTY TRUST 5.4% Series L Preferred Stock
VORNADO REALTY TRUST's VNO-P-L is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $17.67, VNO-P-L yields 7.64% on its $25 liquidation preference and 5.4% coupon.
It trades at a discount of 29.3% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2018-01-25.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.