SL Green Realty Corp. Announces Common Stock Dividend

Rhea-AI Summary

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared a monthly dividend of $0.3108 per share, payable on September 15, 2022. Shareholders of record by August 31, 2022 will receive this cash dividend. As of June 30, 2022, SL Green managed interests in 64 buildings totaling 34.4 million square feet, with a significant ownership in 26.3 million square feet of Manhattan properties. The company is a fully integrated real estate investment trust (REIT) focused on maximizing the value of its commercial real estate portfolio.

Positive

• Monthly dividend of $0.3108 per share indicates confidence in sustaining cash flow.
• Extensive portfolio with interests in 64 buildings totaling 34.4 million square feet.

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• None.

NEW YORK, Aug. 16, 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 September 15, 2022 to shareholders of record at the close of business on August 31, 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 June 30, 2022, SL Green held interests in 64 buildings totaling 34.4 million square feet. This included ownership interests in 26.3 million square feet of Manhattan buildings and 7.2 million square feet securing debt and preferred equity investments.

Forward Looking Statements

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

FAQ

What is the dividend amount declared by SL Green Realty Corp (SLG)?

SL Green Realty Corp declared a dividend of $0.3108 per share.

When is the dividend for SLG payable?

The dividend is payable on September 15, 2022.

Who are the shareholders of record for SLG's dividend?

Shareholders of record at the close of business on August 31, 2022, will receive the dividend.

What are the key properties managed by SL Green Realty Corp (SLG)?

SL Green manages interests in 64 buildings totaling 34.4 million square feet.