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SL Green Realty Corp. Announces Common Stock Dividend

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SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared a monthly dividend of $0.2708 per share, payable on February 15, 2023, to shareholders of record by January 31, 2023. This reflects the company’s commitment to providing returns to its shareholders. As of September 30, 2022, SL Green managed interests in 62 buildings, totaling 33.6 million square feet, with substantial ownership in Manhattan properties. The company operates as a fully integrated real estate investment trust (REIT), focusing on acquiring and managing commercial properties in Manhattan.

Positive
  • Monthly dividend of $0.2708 enhances shareholder returns.
  • Stable property portfolio with 62 buildings and 33.6 million square feet.
Negative
  • Risks associated with forward-looking statements may impact shareholder expectations.

NEW YORK, Jan. 19, 2023 (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 $0.2708 per share of common stock. The dividend is payable in cash on February 15, 2023 to shareholders of record at the close of business on January 31, 2023.

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 September 30, 2022, SL Green held interests in 62 buildings totaling 33.6 million square feet. This included ownership interests in 29.3 million square feet of Manhattan buildings and 3.5 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 SL Green Realty Corp. in February 2023?

SL Green Realty Corp. has declared a dividend of $0.2708 per share, payable on February 15, 2023.

When is the record date for the SLG dividend payout?

The record date for the dividend payout is January 31, 2023.

How many properties does SL Green Realty Corp. own?

As of September 30, 2022, SL Green Realty Corp. held interests in 62 buildings totaling 33.6 million square feet.

How often does SL Green Realty Corp. pay dividends?

SL Green Realty Corp. pays dividends on a monthly basis.

What are the risks mentioned in the SL Green press release?

The press release mentions risks related to forward-looking statements, which may affect future performance.

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