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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 $0.3033 per share, payable on March 15, 2021 to shareholders of record by February 26, 2021. This dividend reflects the company's ongoing commitment to providing value to its investors.

As of December 31, 2020, SL Green managed 88 properties, encompassing a total of 38.2 million square feet in Manhattan, which includes direct ownership of 28.6 million square feet.

Positive
  • Declared a monthly dividend of $0.3033 per share, reflecting confidence in cash flow.
  • Large portfolio with interests in 88 buildings totaling 38.2 million square feet.
Negative
  • Risks associated with 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 $0.3033 per share of common stock. The dividend is payable in cash on March 15, 2021 to shareholders of record at the close of business on February 26, 2021.

About SL Green Realty Corp.

SL Green Realty Corp., an S&P 500 company and 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.

FAQ

What is the dividend amount declared by SL Green Realty Corp. in February 2021?

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

When will SL Green's dividend be paid to shareholders?

The dividend will be paid on March 15, 2021, to shareholders of record by February 26, 2021.

How many buildings does SL Green Realty Corp. manage?

SL Green Realty Corp. manages 88 buildings totaling 38.2 million square feet.

What risks does SL Green Realty Corp. face according to the press release?

The company faces risks from the ongoing COVID-19 pandemic that may impact its business.

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