The coronavirus pandemic is having a lasting effect on the world economy, with normal work trends still only starting to come back in many ways. One of the biggest changes has been in the office space, where many people continue to work from home instead of commuting to a central location. This has been terrible news for office landlords like Vornado (NYSE: VNO). Here's why the real estate investment trust (REIT) has such a high yield, and why the dividend is likely to get cut in very short order.

In 2020, the world first faced a very frightening foe, the coronavirus. It was, at the time, a new illness that was spreading quickly and being highly deadly. With no known way to fight it, the world went into lockdown. A big part of that was social distancing, an effort that included sending employees home to work instead of asking them to come into the office.

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Source Fool.com