SL Green Realty Corp. Announces Common and Preferred Stock Dividends
SL Green Realty Corp. (NYSE:SLG) announced a monthly dividend of $0.3033 per share, payable on April 15, 2021 to shareholders of record by March 31, 2021. Additionally, the company declared a quarterly dividend of $0.40625 per share for its Series I Preferred Stock, equivalent to an annualized $1.625 per share, also payable on April 15, 2021. SL Green, Manhattan's largest office landlord, manages 88 buildings totaling 38.2 million square feet as of December 31, 2020.
- Declaration of a monthly dividend of $0.3033 per share, showing confidence in cash flow.
- Quarterly dividend on Series I Preferred Stock at $0.40625, indicating stable income for preferred shareholders.
- Potential risks from the ongoing COVID-19 pandemic affecting business performance.
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 January 15, 2021 through April 14, 2021 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 December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 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
Source: SL Green Realty Corp.
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