SL Green Realty Declares Monthly Dividend for Stockholders
SL Green Realty Corp. Announces a New Stock Dividend
New York, August 19, 2024 - SL Green Realty Corp. (NYSE:SLG), the leading office landlord in Manhattan, today revealed that its board of directors has sanctioned a monthly ordinary dividend amounting to $0.25 per share of common stock. This results in an annualized dividend rate of $3.00 per share. The dividend payment is set to be distributed in cash on September 16, 2024, to shareholders whose names are on record by the closure of business on August 30, 2024.
About SL Green Realty Corp.
SL Green Realty Corp. stands as Manhattan’s largest office property owner and operates as a fully integrated real estate investment trust (REIT). The company primarily focuses on acquiring, managing, and optimizing the value of commercial properties located in Manhattan. By the end of June 2024, SL Green had ownership interests in 55 buildings amounting to a total of 31.8 million square feet. This figure includes stakes in 28.1 million square feet of operational Manhattan structures and an additional 2.8 million square feet tied up in debt and preferred equity investments.
Investor Information
For investors, the announcement of this monthly dividend reflects SL Green’s commitment to returning value to its shareholders. It is essential for potential and current investors to monitor further developments from the company to assess future dividend prospects and the overall stability of the investment. SL Green remains vigilant in managing its portfolio and capitalizing on emerging opportunities within the real estate market of Manhattan.
Press Contact:
slgreen@berlinrosen.com
SLG – DIV
Frequently Asked Questions
1. What is the monthly dividend declared by SL Green Realty Corp.?
The board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock.
2. When is the dividend payment scheduled?
The dividend is set to be paid on September 16, 2024.
3. How much is the annualized dividend for SL Green Realty Corp.?
The annualized dividend amounts to $3.00 per share.
4. What does SL Green Realty Corp. focus on as a company?
SL Green Realty Corp. focuses on acquiring, managing, and maximizing the value of Manhattan commercial properties.
5. How many buildings does SL Green Realty Corp. own?
As of June 30, 2024, SL Green held interests in 55 buildings totaling 31.8 million square feet.
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