#USA #Jersey City, NJ #Veris Residential #multifamily REIT #NYSE VRE

Veris Residential Declares Cash Dividend for Q3 2025

Veris Residential, Inc., a notable name in the Northeast real estate market, has made headlines with its recent announcement regarding a cash dividend for the third quarter of 2025. This decision highlights the company's dedication to enhancing shareholder value and maintaining robust financial stability.

On August 25, 2025, the company revealed that its Board of Directors had authorized a cash dividend of $0.08 per share on its common stock. This dividend is applicable for the financial period ending September 30, 2025, and will be disbursed on October 10, 2025, to stockholders recorded by the end of September.

Veris Residential operates primarily in the Northeast, focusing on Class A multifamily properties that offer modern and desirable living spaces. The company prides itself on its technology-driven, vertically integrated platform that aligns with contemporary residents' preferences while fostering positive community impact.

The Significance of the Dividend Declaration

This dividend declaration is significant for several reasons. Firstly, it reflects Veris Residential's strong operational performance and financial health, making it an attractive option for investors seeking reliable income through dividends. Secondly, such actions display the company's ongoing commitment to rewarding its shareholders, providing them with tangible returns from their investments. As the market for multifamily properties continues to evolve, Veris Residential shows confidence in its growth strategy and market positioning.

With the real estate investment trust (REIT) landscape undergoing various changes, Veris Residential's proactive measures stand out. The company is known for its best-in-class operations and governance principles, which lay the groundwork for sustainable growth. Investors can take solace in knowing that the management team is experienced and guiding the company with a clear vision rooted in responsibility and meritocracy.

About Veris Residential

Founded with a forward-thinking ethos, Veris Residential, Inc. primarily focuses on identifying, acquiring, and managing premier Class A multifamily properties across the Northeast. The company is laser-focused on providing modern living experiences and maintaining high standards in property management and community engagement.

The company has also highlighted a commitment to using its enhanced technology platform to improve living experiences for residents. By utilizing data and insights, Veris Residential ensures that it meets the needs and preferences of its community effectively.

For further information about Veris Residential, Inc., and its exciting developments and properties available for lease, individuals can explore the company's website at verisresidential.com.

Investor Relations and Media Contacts

For investor inquiries, Mackenzie Rice, Director of Investor Relations at Veris Residential, is available for discussions and can be reached via email. Additionally, media representatives Amanda Shpiner and Grace Cartwright from Gasthalter & Co. are handling press inquiries, providing assistance for further coverage on the company’s latest updates.

In summary, Veris Residential's dividend declaration not only underlines its financial prowess but also its strategic intent to grow and enhance shareholder confidence, making it a name to watch in the multifamily real estate sector as 2025 progresses.