Dividend Track Records

SL Green Realty (SLG) cuts dividend by 20.1% to $0.6175 quarterly. SLG previously paid a monthly dividend of 25.75 cents per share.

On December 6, 2024, SL Green Realty Corp (SLG) announced that it will hike its monthly dividend by 3% to 25.75 cents per share. This marks the first year with a dividend increase by SL Green Realty.

SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, announced today that its board of directors has reduced the annual ordinary dividend on SL Green’s common stock and units of its operating partnership by 12.9%, to $3.25 per share. The ordinary dividend will continue to be paid in cash on a monthly basis. The first monthly ordinary dividend of $0.2708 per share is payable on January 17, 2023, to stockholders of record at the close of business on December 30, 2022 (the “Record Date”). “We endeavor to provide our shareholders with a meaningful, sustainable ordinary dividend that has a correlation to operating cash flow while furthering our initiative to maintain substantial liquidity and repay debt amid the backdrop of a rising rate environment. We have reduced the dividend to match our current projection of Funds Available for Distribution (“FAD”) for 2023, which allows us to strike this balance as we continue to provide a yield on our common stock of approximately ...

SL Green Realty (SLG) will raise its monthly dividend by 2.8 percent to $0.3033 per share in 2020. Also a special dividend payment of almost $1.70 per share was announced. This follows a 4.1 percent hike to $0.885 per share in the first quarter of 2020. This will mark the 10th consecutive year of dividend increases by New York City’s largest office landlord. The next ordinary dividend of $0.3033 per share is payable on January 15, 2021 to shareholders of record at the close of business on December 15, 2020 A new annual rate of $3.64 per share yields 5.7% a a stock price of $63.90. The Company also announced that, as a result of asset dispositions in 2020, including the previously announced sale of 410 Tenth Avenue, the board of directors declared a special dividend with a value of $1.6967 per share, which is payable on January 15, 2021 to shareholders of record on the Record Date. Shareholders will, therefore, receive a total dividend of $2.00 per share, representing the sum of the...

SL Green Realty (SLG) will raise its quarterly dividend by 4.1 percent to $0.885 per share in the first quarter of 2020. This will mark the 9th consecutive year of dividend increases by New York City’s largest office landlord. The fourth quarter dividend is payable on January 15, 2020 to shareholders of record at the close of business on January 2, 2020. A new annual rate of $3.54 per share yields 4.1% a a stock price of $86.90. “We are rewarding shareholders with another dividend increase as our Company continues to deliver,” said Matt DiLiberto, Chief Financial Officer at SL Green. "Our dividend yield of roughly 4.2 percent is generated by a portfolio of high-quality assets located in New York City’s best submarkets and we will continue executing on our strategy in 2020, enhancing the quality of our portfolio while maintaining the liquidity needed to advance our development and redevelopment projects as well as our share buyback program." SL Green Realty Corp., New Yo...