JERSEY
CITY, N.J., Nov. 13,
2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE:
VRE) ("Veris Residential" or the "Company"), a forward-thinking,
environmentally and socially conscious multifamily REIT, today
announced that the Company's Board of Directors has declared a cash
dividend on its common stock for the fourth quarter 2024 in the
amount of $0.08 for the period ending
December 31, 2024. The dividend will
be paid on January 10, 2025, to
shareholders of record as of December 31,
2024.
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, environmentally
and socially conscious real estate investment trust (REIT) that
primarily owns, operates, acquires and develops holistically
inspired, Class A multifamily properties that meet the
sustainability-conscious lifestyle needs of today's residents while
seeking to positively impact the communities it serves and the
planet at large. The Company is guided by an experienced management
team and Board of Directors, underpinned by leading corporate
governance principles; a best-in-class, sustainable approach to
operations; and an inclusive culture based on equality and
meritocratic empowerment. For additional information on Veris
Residential, Inc. and our properties available for lease, please
visit https://verisresidential.com.
Investors
Anna Malhari
Chief Operating Officer
investors@verisresidential.com
Media
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
212-257-4170
veris-residential@gasthalter.com
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SOURCE Veris Residential, Inc.