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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, announced a monthly ordinary dividend of $0.3033 per share, payable on October 15, 2021 for shareholders of record by September 30, 2021. Additionally, a quarterly dividend of $0.40625 per share on its Series I Preferred Stock was declared, equivalent to $1.625 annually, also payable on October 15, 2021.

As of June 30, 2021, SL Green owned interests in 77 buildings totaling 35.3 million square feet in Manhattan.

Positive
  • Declared monthly dividend of $0.3033 per share for ordinary stock.
  • Declared quarterly dividend of $0.40625 per share for Series I Preferred Stock equivalent to $1.625 annually.
  • Strong asset base with interests in 77 buildings totaling 35.3 million square feet.
Negative
  • Forward-looking statements caution against reliance due to uncertainties linked to COVID-19.

NEW YORK, Sept. 15, 2021 (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 $0.3033 per share of common stock. The dividend is payable in cash on October 15, 2021 to shareholders of record at the close of business on September 30, 2021.

The board of directors also declared the regular quarterly dividend on the company's Series I Preferred Stock for the period July 15, 2021 through October 14, 2021 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 October 15, 2021 to shareholders of record at the close of business on September 30, 2021.

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, 2021, SL Green held interests in 77 buildings totaling 35.3 million square feet. This included ownership interests in 27.1 million square feet of Manhattan buildings and 7.4 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 risks and uncertainties related to the on-going COVID-19 pandemic and the duration and impact it will have on our business and the industry as a whole and the other 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

Matt DiLiberto
Chief Financial Officer
212.594.2700


FAQ

What is the dividend amount for SL Green Realty Corp in October 2021?

The dividend amount is $0.3033 per share for common stock, payable on October 15, 2021.

When is the SL Green Realty Corp dividend payment date?

The dividend payment date is October 15, 2021.

What is the annualized dividend for SL Green's Series I Preferred Stock?

The annualized dividend for Series I Preferred Stock is $1.625 per share.

Who are the shareholders eligible for the SL Green Realty Corp dividend?

Shareholders of record at the close of business on September 30, 2021, are eligible for the dividend.

Does SL Green provide dividends regularly?

Yes, SL Green Realty Corp. pays dividends regularly as part of its dividend policy.

SL Green Realty Corp.

NYSE:SLG

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REIT - Office
Real Estate Investment Trusts
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United States of America
NEW YORK