STOCK TITAN

SL Green Realty Corp. Announces Common Stock Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, announced a monthly dividend of $0.3033 per share, payable on August 16, 2021. Shareholders of record as of July 30, 2021 will receive the dividend in cash. As of June 30, 2021, SL Green owns interests in 77 buildings totaling 35.3 million square feet, including 27.1 million square feet of Manhattan properties and 7.4 million square feet in secured debt and preferred equity investments. This dividend declaration reflects the company's ongoing commitment to returning value to shareholders.

Positive
  • Monthly dividend of $0.3033 per share reinforces shareholder confidence.
  • Company's robust portfolio includes 77 buildings totaling 35.3 million square feet.
Negative
  • Potential risks from the ongoing COVID-19 pandemic may impact future performance.

NEW YORK, July 22, 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 August 16, 2021 to shareholders of record at the close of business on July 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 SLG?

SL Green Realty Corp. has declared a monthly dividend of $0.3033 per share.

When will the SLG dividend be paid?

The dividend will be payable on August 16, 2021.

What is the record date for the SLG dividend?

Shareholders must be on record by July 30, 2021, to receive the dividend.

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

The ongoing COVID-19 pandemic presents potential risks that may impact SL Green's performance.

SL Green Realty Corp.

NYSE:SLG

SLG Rankings

SLG Latest News

SLG Stock Data

5.23B
65.18M
0.08%
91.69%
11.92%
REIT - Office
Real Estate Investment Trusts
Link
United States of America
NEW YORK