SL Green Realty (SLG) Lowers Monthly Dividend 12.9% to $0.2708; 8% Yield

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Go back to SL Green Realty (SLG) Lowers Monthly Dividend 12.9% to $0.2708; 8% Yield

BMO Capital Downgrades SL Green Realty (SLG) to Market Perform

December 6, 2022 6:00 AM EST

BMO Capital analyst John Kim downgraded SL Green Realty (NYSE: SLG) from Outperform to Market Perform with a price target of $41.00 (from $47.00).

The analyst comments "We downgrade SLG to Market Perform, post its 2022 Investor Conference. SLG's 12.9% dividend cut was a... More

SL Green Realty (SLG) stock tumbles after reducing dividend

December 5, 2022 3:14 PM EST

SL Green Realty (NYSE: SLG) shares tumbled more than 6% Monday after the company announced it has reduced its dividend by 12.9% to $3.25 per share.

The Manhattan office landlord company explained in its press release that it has reduced the dividend to match its current... More