SL Green Realty Corp. Announces Annual Ordinary Dividend of $2.47 per Share
Rhea-AI Summary
SL Green Realty Corp (NYSE: SLG) set its 2026 annual ordinary dividend at $2.47 per share, payable quarterly. The first quarterly payment of $0.6175 per share is payable April 15, 2026 to holders of record on March 31, 2026.
The company said it will retain incremental liquidity to pursue investment opportunities, including $2.5 billion of asset dispositions and $7.0 billion of refinancings, and cited a current yield of 6.6% at $37.48 per share. SL Green also declared the Series I preferred quarterly dividend of $0.40625 (annualized $1.625), payable April 15, 2026.
Positive
- Annual ordinary dividend of $2.47 per share for 2026
- First quarterly common dividend of $0.6175 payable April 15, 2026
- Planned $2.5 billion asset dispositions included in 2026 plan
- Planned $7.0 billion of refinancings included in 2026 plan
- Declared Series I preferred dividend $0.40625 per quarter (annualized $1.625)
Negative
- Leasing-related capital expenditures expected to remain elevated until H2 2027
News Market Reaction – SLG
In the Mar 23 session, SLG gained 3.44%, reflecting a moderate positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, March 23, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, announced today that its board of directors has established an annual ordinary dividend on its common stock for 2026 of
The ordinary dividend will be paid on a quarterly basis with the first dividend of
"As we complete a record first quarter of office leasing and execute on our multi-faceted 2026 business plan, which includes
The board of directors also declared the regular quarterly dividend on the company's Series I Preferred Stock for the period January 15, 2026 through April 14, 2026 of
About SL Green Realty Corp.
SL 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 the value of Manhattan commercial properties. As of December 31, 2025, SL Green held interests in 56 buildings totaling 31.4 million square feet. This included ownership interests in 28.0 million square feet of Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments, excluding fund investments.
Forward Looking Statement
This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including such matters as future capital expenditures, dividends and acquisitions (including the amount and nature thereof), development trends of the real estate industry and the New York metropolitan area markets, occupancy, business strategies, expansion and growth of our operations and other similar matters, are forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or the negative of these words, or other similar words or terms.
Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.
PRESS CONTACT
slgreen@berlinrosen.com
SLG – DIV
