Veris Residential, Inc. Declares a Cash Dividend for the Fourth Quarter Ending December 31, 2023, Payable on January 10, 2024
December 18, 2023 at 08:56 pm EST
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Veris Residential, Inc. announced that the Company`s Board of Directors has declared a cash dividend on its common stock for the fourth quarter 2023 in the amount of $0.0525, an increase of 5.0% on the previously announced dividend, for the period ending December 31, 2023. The dividend will be paid on January 10, 2024 to shareholders of record as of December 29, 2023.
Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, and develops multifamily rental properties located primarily in the Northeast, as well as a portfolio of non-strategic land and commercial assets. The Company operates through two segments: multifamily real estate and services and commercial and other real estate. The Company provides property management, leasing, acquisition, development, construction and tenant-related services for its multifamily real estate portfolio and commercial and other real estate located in the United States. The Company owns and has interests in 24 multifamily rental properties as well as non-strategic assets comprised of one office property, four parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings that reflect its commitment to sustainability.
VERIS RESIDENTIAL, INC. 
