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SL Green Realty Corp. Announces Common Stock Dividend

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SL Green Realty Corp. (NYSE:SLG), the largest office landlord in Manhattan, has declared a monthly dividend of $0.3108 per share, payable on February 15, 2022 to shareholders of record by January 31, 2022. As of September 30, 2021, the firm manages 76 buildings encompassing 35.3 million square feet, with significant holdings in Manhattan. The press release highlights the company's focus on maximizing value in commercial properties and includes forward-looking statements cautioning against reliance on future outcomes due to potential risks, including the ongoing COVID-19 pandemic.

Positive
  • Monthly dividend of $0.3108 per share enhances shareholder income.
  • SL Green holds interests in 76 buildings, indicating strong asset base.
Negative
  • Risks associated with the ongoing COVID-19 pandemic may impact performance.

NEW YORK, Jan. 21, 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 February 15, 2022 to shareholders of record at the close of business on January 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 September 30, 2021, SL Green held interests in 76 buildings totaling 35.3 million square feet. This included ownership interests in 27.2 million square feet of Manhattan buildings and 7.3 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 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 dividend amount declared by SL Green Realty Corp.?

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

When is the dividend payable to shareholders?

The dividend is payable on February 15, 2022.

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

The record date for the dividend is January 31, 2022.

How many buildings does SL Green Realty Corp. manage?

SL Green Realty Corp. manages 76 buildings totaling 35.3 million square feet.

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

SL Green faces risks related to the ongoing COVID-19 pandemic, which may affect its 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