SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared a monthly ordinary dividend of $0.2708 per share, equivalent to an annualized dividend of $3.25 per share. This dividend is payable on April 17, 2023, to shareholders of record by the close of business on March 31, 2023.
Additionally, the board declared a quarterly dividend on its Series I Preferred Stock of $0.40625 per share, or $1.625 annualized, also payable on April 17, 2023. As of December 31, 2022, SL Green managed 61 buildings with a total of 33.1 million square feet.
- Monthly dividend of $0.2708 per share enhancing shareholder income.
- Consistent dividend payments indicate company confidence.
- None.
NEW YORK, March 20, 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
The board of directors also declared the regular quarterly dividend on the company's Series I Preferred Stock for the period January 15, 2023 through April 14, 2023 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, 2022, SL Green held interests in 61 buildings totaling 33.1 million square feet. This included ownership interests in 28.9 million square feet of Manhattan buildings and 3.4 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 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
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