Company: VRE
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000924901-25-000011
Chunk: 35

Company: Veris Residential, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 35
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 or units whose issuance is contingent upon the satisfaction of certain conditions shall be considered outstanding and included in the computation of diluted EPS or EPU as follows (i) if all necessary conditions have been satisfied by the end of the period, those shares or units shall be included as of the beginning of the period in which the conditions were satisfied (or as of the date of the grant, if later) or (ii) if all necessary conditions have not been satisfied by the end of the period, the number of contingently issuable shares or units included in diluted EPS or EPU shall be based on the number of shares or units, if any, that would be issuable if the end of the reporting period were the end of the contingency period (for example, the number of shares or units that would be issuable based on current period earnings or period-end market price) and if the result would be dilutive. Those contingently issuable shares or units shall be included in the denominator of diluted EPS or EPU as of the beginning of the period (or as of the date of the grant, if later).Dividends and Distributions Payable The Board of Directors considers a variety of factors when setting the Company's dividends, including the Company’s earnings, income tax projections, cash flows, financial condition, capital requirements, debt maturities, the availability of debt and equity capital, applicable REIT and legal restrictions, economic conditions and other factors.Dividends declared (on a per share basis) for the year ended December 31, 2024 were as follows:Date of DeclarationDate of RecordDate of PaymentDividend DeclaredFebruary 27, 2024April 3, 2024April 16, 2024$0.0525May 6, 2024July 3, 2024July 16, 2024$0.0600August 5, 2024September 30, 2024October 16, 2024$0.0700November 13, 2024December 31, 2024January 10, 2025$0.0800Dividends declared (on a per share basis) for the year ended December 31, 2023 were as follows:Date of DeclarationDate of RecordDate of PaymentDividend DeclaredJuly 24, 2023September 30, 2023October 10, 2023$0.0500December 18, 2023December 29, 202