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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 June 15, 2021, to shareholders of record as of May 31, 2021. The company, focused on acquiring and managing Manhattan commercial properties, held interests in 84 buildings totaling 37.8 million square feet as of March 31, 2021.

Positive
  • Monthly dividend of $0.3033 per share declared, providing income for shareholders.
  • Strong presence in Manhattan with 84 properties totaling 37.8 million square feet.
Negative
  • Ongoing COVID-19 pandemic poses risks and uncertainties for future performance.
  • Forward-looking statements indicate potential for significant deviations from expected results.

NEW YORK, May 21, 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 June 15, 2021 to shareholders of record at the close of business on May 31, 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 March 31, 2021, SL Green held interests in 84 buildings totaling 37.8 million square feet. This included ownership interests in 28.3 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

Matt DiLiberto
Chief Financial Officer
212.594.2700


FAQ

What is the dividend amount declared by SLG?

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

When will SLG's dividend be paid?

The dividend will be paid on June 15, 2021.

What is the record date for SLG's dividend?

Shareholders must be on record by May 31, 2021, to receive the dividend.

What properties does SLG manage?

SL Green Realty Corp. manages 84 properties totaling 37.8 million square feet in Manhattan.

How has COVID-19 impacted SLG?

The ongoing pandemic presents risks that may significantly affect SLG's future 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