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SL Green Realty Corp. Announces Common and Preferred Stock Dividends

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SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared a monthly dividend of $0.3108 per share, payable on November 15, 2022, to shareholders recorded by October 31, 2022. Additionally, the board announced a quarterly dividend of $0.40625 per share for the Series I Preferred Stock, payable on January 17, 2023, to those on record by December 20, 2022. As of June 30, 2022, SL Green owned interests in 64 buildings totaling 34.4 million square feet.

Positive
  • Monthly dividend of $0.3108 enhances shareholder income.
  • Quarterly preferred stock dividend of $0.40625 shows financial stability.
  • Strong property portfolio with interests in 64 buildings.
Negative
  • None.

NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.3108 per share of common stock. The dividend is payable in cash on November 15, 2022 to shareholders of record at the close of business on October 31, 2022.

The board of directors also declared the regular quarterly dividend on the company's Series I Preferred Stock for the period October 15, 2022 through January 14, 2023 of $0.40625 per share, which is the equivalent of an annualized dividend of $1.625 per share. The dividend is payable in cash on January 17, 2023 to shareholders of record at the close of business on December 20, 2022.

About SL Green Realty Corp.

SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of June 30, 2022, SL Green held interests in 64 buildings totaling 34.4 million square feet. This included ownership interests in 26.3 million square feet of Manhattan buildings and 7.2 million square feet securing debt and preferred equity investments.

Forward Looking Statement

This press release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “project,” “continue,” or the negative of these words, or other similar words or terms.

Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include the risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.

SLG – DIV

PRESS CONTACT
slgreen@berlinrosen.com


FAQ

What is the dividend amount for SLG in November 2022?

The dividend amount for SLG in November 2022 is $0.3108 per share.

When is the SLG dividend payable?

The SLG dividend is payable on November 15, 2022.

What is the preferred stock dividend for SLG?

The preferred stock dividend for SLG is $0.40625 per share for the period October 15, 2022 through January 14, 2023.

When will the preferred stock dividend for SLG be paid?

The preferred stock dividend for SLG will be paid on January 17, 2023.

SL Green Realty Corp.

NYSE:SLG

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4.82B
71.69M
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84.29%
10.55%
REIT - Office
Real Estate Investment Trusts
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United States of America
NEW YORK