1. SL Green declared a quarterly preferred stock dividend of $0.40625 per share. 2. The annualized dividend amounts to $1.625 per share. 3. Cash payment is scheduled for January 15, 2026. 4. SL Green holds interests in 53 buildings totaling 30.7 million square feet. 5. Company's future performance may differ from projections due to inherent risks.
FAQ
Why Bullish?
The dividend declaration indicates financial stability, which can attract investor interest. Regular dividends historically support stock prices, particularly in REITs like SLG.
How important is it?
The dividend announcement signals ongoing profitability and stability for SLG, influencing investor sentiment positively. Regular dividends are vital for REIT valuations, thereby impacting SLG’s stock performance directly.
Why Short Term?
The immediate impact is associated with the upcoming dividend payment date. Market reactions often happen quickly upon dividend announcements.
SL Green Realty Corp. Announces Preferred Stock Dividends
Date: December 16, 2025
Source: GlobeNewsWire
Key Announcement from SL Green Realty Corp.
In a significant update, SL Green Realty Corp. (NYSE: SLG), the largest office landlord in Manhattan, has declared a regular quarterly dividend on its Series I Preferred Stock. This dividend covers the period from October 15, 2025, to January 14, 2026, amounting to $0.40625 per share. This translates to an annualized dividend of $1.625 per share, signaling the company’s commitment to returning value to its shareholders.
The cash dividend is scheduled for payment on January 15, 2026, to all shareholders of record at the close of business on December 31, 2025.
About SL Green Realty Corp.
SL Green Realty Corp. is not only Manhattan's largest office landlord but also a fully integrated real estate investment trust (REIT). The company focuses primarily on acquiring, managing, and enhancing the value of commercial properties in Manhattan. As of September 30, 2025, SL Green has interests in 53 buildings totaling approximately 30.7 million square feet. This portfolio includes ownership of 27.1 million square feet of Manhattan buildings, alongside 2.7 million square feet secured by debt and preferred equity investments.
Understanding Forward-Looking Statements
The announcement includes certain forward-looking statements under the Private Securities Litigation Reform Act of 1995, intended to be safeguarded. These statements, which encompass the company’s expectations of future events—including dividends, acquisitions, and capital expenditures—are based on various assumptions regarding historical trends and current conditions.
It's crucial to recognize that actual results may differ significantly due to numerous risks and uncertainties. These potential discrepancies stem from factors outlined in SL Green’s filings with the Securities and Exchange Commission, and the company does not undertake any obligation to update these forward-looking statements unless legally required to do so.
Contact Information
For further inquiries, please reach out to SL Green Realty Corp..