SL Green Realty Corp. Announces New Stock Dividend
New York, August 19, 2024 - SL Green Realty Corp. (NYSE:SLG), the top office landlord in Manhattan, has announced that its board of directors has approved a monthly dividend of $0.25 per share of common stock. This decision translates to an annualized dividend rate of $3.00 per share. Shareholders on record as of the close of business on August 30, 2024, will receive the cash dividend payment on September 16, 2024.
About SL Green Realty Corp.
SL Green Realty Corp. is the largest owner of office properties in Manhattan and operates as a fully integrated real estate investment trust (REIT). The company is dedicated to acquiring, managing, and enhancing the value of commercial properties in Manhattan. By the end of June 2024, SL Green owned interests in 55 buildings, which total 31.8 million square feet. This includes stakes in 28.1 million square feet of operational properties in Manhattan, along with an additional 2.8 million square feet related to debt and preferred equity investments.
Investor Information
This announcement regarding the monthly dividend underscores SL Green’s dedication to providing value to its shareholders. Current and potential investors should keep an eye on the company for updates to better understand future dividend opportunities and the overall stability of their investments. SL Green is committed to effectively managing its portfolio and seizing new opportunities in the Manhattan real estate market.
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.