SL Green Realty Corp. Announces Increase in Annual Dividend to $3.09 Per Share

SL Green Realty Corp. (NYSE: SLG), the largest office landlord in Manhattan, has declared an increase in its annual ordinary dividend for 2025. The board of directors has set the ordinary dividend on SL Green’s common stock at $3.09 per share, marking a 3.0% rise. This dividend will continue to be paid monthly, with the first monthly payment of $0.2575 per share scheduled for January 15, 2025, to stockholders of record as of December 31, 2024.

Matt DiLiberto, Chief Financial Officer of SL Green, expressed the company’s commitment to rewarding shareholders amidst growing earnings and taxable income in one of the nation’s top office markets. He emphasized that providing a consistent cash dividend to shareholders remains a fundamental aspect of their business strategy.

Additionally, the board of directors approved the regular quarterly dividend on the company’s Series I Preferred Stock for the period from October 15, 2024, through January 14, 2025, at $0.40625 per share, equivalent to an annualized dividend of $1.625 per share, payable on January 15, 2025, to shareholders of record as of December 31, 2024.

SL Green Realty Corp. is a Real Estate Investment Trust (REIT) focused primarily on the acquisition, management, and optimization of commercial properties in Manhattan. As of September 30, 2024, the company had interests in 55 buildings totaling 31.8 million square feet, including ownership interests in 28.1 million square feet of Manhattan buildings.

Moving forward, investors are cautioned that certain statements in this press release may be considered “forward-looking statements.” These statements are based on specific assumptions and analyses by SL Green and are subject to various risks and uncertainties beyond the company’s control, which might lead to differing actual results.

It is important to note that forward-looking statements are not indicative of guaranteed future performance. SL Green is committed to keeping shareholders informed about potential developments and any necessary revisions in line with regulatory requirements. For more information about SL Green Realty Corp., please refer to their filings with the Securities and Exchange Commission.

It should be noted that SL Green Realty Corp. is an independent entity operatin solely and is not affiliated with the content provider of this material whose website content is linked at the beginning of this section.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read SL Green Realty’s 8K filing here.

About SL Green Realty

3SL 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 June 30, 2022, SL Green held interests in 64 buildings totaling 34.4 million square feet.