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« Blankfein Rakes In $54 Million | Main | Bed Bath & Beyond Earned 50 Cents a Share » December 20, 2006 Vornado Realty TrustMore boring stocks. Today, I give you Vornado Realty Trust (VNO). Over the last 32 years, shares of Vornado are up more than 600-fold. The flat gold line on the chart is the S&P. It's not really flat, it just looks that way in comparison to Vornado.
By the way, that 60,000% doesn't include dividends. Since VNO is a REIT, it pays fairly generous dividends. The current yield is 2.8%. If I had to estimate, I'd say that dividends by themselves gave VNO shareholders about a 200% return since 1974, meaning the stock's total return is about 180,000%. Posted by edelfenbein at December 20, 2006 11:54 AM |
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