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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 $0.295 per share, payable on November 16, 2020, to shareholders of record on October 30, 2020. As of September 30, 2020, SL Green held interests in 93 buildings totaling 40.6 million square feet, with ownership in 29.2 million square feet of Manhattan properties. The company focuses primarily on acquiring, managing, and maximizing the value of commercial properties in the region.

Positive
  • Monthly dividend of $0.295 per share to enhance shareholder income.
  • Strong portfolio with interests in 93 buildings across Manhattan.
Negative
  • Potential risks related to COVID-19 that could impact business performance.

NEW YORK--()--SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that its board of directors has declared a monthly dividend of $0.295 per share of common stock. The dividend is payable on November 16, 2020 to shareholders of record at the close of business on October 30, 2020.

About SL Green

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 September 30, 2020, SL Green held interests in 93 buildings totaling 40.6 million square feet. This included ownership interests in 29.2 million square feet of Manhattan buildings and 10.3 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 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 are described in our filings with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, potential risks and uncertainties relating to the novel coronavirus (COVID-19).

SLG – DIV

Source: SL Green Realty Corp.

Contacts

Matt DiLiberto
Chief Financial Officer
212.594.2700

FAQ

What is the dividend amount declared by SL Green Realty Corp. in October 2020?

SL Green Realty Corp. declared a dividend of $0.295 per share.

When is the dividend payment date for SL Green Realty Corp.?

The dividend is payable on November 16, 2020.

What is the record date for SL Green Realty Corp.'s dividend?

The record date for the dividend is October 30, 2020.

How many buildings does SL Green Realty Corp. own?

SL Green holds interests in 93 buildings totaling 40.6 million square feet.

What risks could affect SL Green Realty Corp.'s future performance?

Potential risks include uncertainties related to the novel coronavirus (COVID-19).

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