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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 announced a monthly dividend of $0.3108 per share, payable on March 15, 2022. Shareholders must be on record by February 28, 2022 to receive this payment. As of December 31, 2021, SL Green owned interests in 73 buildings totaling 34.9 million square feet, cementing its position in the Manhattan commercial real estate market.

Positive
  • Monthly dividend of $0.3108 enhances shareholder income.
  • Strong portfolio with 73 buildings totaling 34.9 million square feet.
Negative
  • Ongoing risks related to the COVID-19 pandemic may impact business performance.

NEW YORK, Feb. 22, 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 $0.3108 per share of common stock. The dividend is payable in cash on March 15, 2022 to shareholders of record at the close of business on February 28, 2022.

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, 2021, SL Green held interests in 73 buildings totaling 34.9 million square feet. This included ownership interests in 26.9 million square feet of Manhattan buildings and 7.1 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

PRESS CONTACT
slgreen@berlinrosen.com

 


FAQ

What is the SLG dividend amount for March 2022?

The SLG dividend amount for March 2022 is $0.3108 per share.

When will SLG pay the dividend?

SLG will pay the dividend on March 15, 2022.

What is the record date for SLG's dividend payment?

The record date for SLG's dividend payment is February 28, 2022.

How does the COVID-19 pandemic affect SLG's business?

The ongoing COVID-19 pandemic poses risks that may impact SLG's business 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