SL Green Realty Corp. Announces Common and Preferred Stock Dividends
SL Green Realty Corp. (NYSE:SLG) announced a monthly ordinary dividend of $0.3108 per share, payable on October 17, 2022, to shareholders of record by September 30, 2022. The board also declared a quarterly dividend on its Series I Preferred Stock of $0.40625 per share, equivalent to an annualized dividend of $1.625, payable on the same date. As of June 30, 2022, SL Green manages 64 buildings with a total of 34.4 million square feet, solidifying its position as Manhattan's largest office landlord.
- Monthly dividend of $0.3108 per share indicates strong shareholder returns.
- Quarterly preferred stock dividend reflects ongoing commitment to income distribution.
- Significant portfolio of 34.4 million square feet enhances asset value.
- None.
NEW YORK, Sept. 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
The board of directors also declared the regular quarterly dividend on the company's Series I Preferred Stock for the period July 15, 2022 through October 14, 2022 of
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
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