SL Green Realty (SLG) Raises Quarterly Dividend 7.6% to $0.775; 2.9% Yield

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Go back to SL Green Realty (SLG) Raises Quarterly Dividend 7.6% to $0.775; 2.9% Yield

SL Green Increases Common Dividend for Sixth Consecutive Year

December 1, 2016 8:00 AM EST

Announces $3.10 Annual Dividend

NEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE: SLG), today reported that its board of directors increased the Companys quarterly dividend on its common stock and OP units by 7.6%, resulting in a new annual dividend of $3.10 per share. In connection therewith, the board of directors declared the fourth quarter dividend of $0.775 per share of common stock. The dividend is payable on January 17, 2017 to shareholders of record at the close of business on January 3, 2017.

Matt DiLiberto, SL Greens Chief Financial Officer, said,... More