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Yahoo
28-05-2025
- Business
- Yahoo
Veris Residential Declares Second Quarter 2025 Cash Dividend
JERSEY CITY, N.J., May 28, 2025 /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 Contact InvestorsMackenzie RiceDirector, Investor Relationsinvestors@ Media Amanda Shpiner/Grace CartwrightGasthalter & Co.212-257-4170veris-residential@ View original content to download multimedia: SOURCE Veris Residential, Inc.
Yahoo
28-05-2025
- Business
- Yahoo
Veris Residential Declares Second Quarter 2025 Cash Dividend
JERSEY CITY, N.J., May 28, 2025 /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 Contact InvestorsMackenzie RiceDirector, Investor Relationsinvestors@ Media Amanda Shpiner/Grace CartwrightGasthalter & Co.212-257-4170veris-residential@ View original content to download multimedia: SOURCE Veris Residential, Inc.
Yahoo
18-02-2025
- Business
- Yahoo
Veris Residential Announces Tax Treatment of 2024 Distributions
JERSEY CITY, N.J., Feb. 18, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking multifamily REIT, today announced the tax treatment of its 2024 Distributions. The Company's total distributions of $0.235 per share of common stock (CUSIP #554489104) is to be classified for income tax purposes as follows: RECORD PAYMENT CASH DISTRIBUTIONS TAXABLE TOTAL UNRECAPTURED SECTION RETURN OF CAPITAL DATE DATE PER SHARE ORDINARY DIVIDENDS CAPITAL GAIN SECTION 1250 GAIN 199A DIVIDENDS DISTRIBUTIONS 12/29/2023 1/10/2024 $0.053 $0.000 $0.000 $0.000 $0.000 $0.053 4/3/2024 4/16/2024 $0.053 $0.000 $0.000 $0.000 $0.000 $0.053 7/3/2024 7/16/2024 $0.060 $0.000 $0.000 $0.000 $0.000 $0.060 6/30/2024 10/16/2024 $0.070 $0.000 $0.000 $0.000 $0.000 $0.070 TOTALS $0.235 $0.000 $0.000 $0.000 $0.000 $0.235 Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of Veris Residential, Inc. distributions. 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 InvestorsMackenzie RiceDirector of Investor Relations investors@ Media Amanda Shpiner/Grace CartwrightGasthalter & Co.212-257-4170veris-residential@ View original content to download multimedia: SOURCE Veris Residential, Inc.
