SLG SL Green Realty Corp
Price Chart
Executive Summary
SL Green Realty Corp. announced a 2026 annual ordinary dividend of $2.47 per share, payable quarterly starting April 15, 2026, representing a 6.6% yield at the current stock price. The dividend reflects a balance between returning capital to shareholders and retaining liquidity for debt reduction, share repurchases, or development projects.
Actionable Insight
The dividend is stable and yields 6.6%, which may support investor interest in a high-quality REIT, but the lack of an increase and emphasis on retained liquidity suggests caution around near-term reinvestment needs. Monitor upcoming asset dispositions and refinancings for use of proceeds.
Key Facts
- Annual ordinary dividend set at $2.47 per share for 2026, paid quarterly ($0.6175 per quarter).
- First dividend payable April 15, 2026, to shareholders of record as of March 31, 2026.
- Dividend equates to a 6.6% yield based on $37.48 stock price.
- Company plans to retain liquidity for discounted debt buybacks, share repurchases, or development.
- Also declared $0.40625 per share dividend on Series I Preferred Stock for Jan 15–Apr 14, 2026 period.
Financial Impact
Annual dividend payout of $2.47 per share, implying approximately $175 million in total cash outflow based on ~70.9 million shares outstanding (inferred from $2.7B market cap at $37.48).
Risk Factors
- Forward-looking statements about occupancy and capital expenditures may not materialize.
- High leasing-related capex expected through 2026 could pressure free cash flow.
- REIT performance is sensitive to interest rates and Manhattan office market dynamics.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3260278 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 1, 2026
12d ago
|
Press Release
| $44.74 $47.83 | ▲ +6.91% | ▲ +9.66% | $51.15 (+14.33%) |
|
Apr 28, 2026
6w ago
|
Press Release
| $43.85 $43.74 | ▼ −0.25% | ▼ −1.94% | $51.15 (+16.65%) |
|
Apr 16, 2026
8w ago
|
8-K
| $20.66 $21.12 | ▼ −2.23% | ▼ −1.24% | $51.15 (−147.58%) |
|
Apr 15, 2026
8w ago
|
Press Release
| $40.81 $42.06 | ▼ −3.06% | ▼ −2.08% | $51.15 (−25.34%) |
|
Mar 23, 2026
11w ago
|
Press Release
| $38.10 $35.26 | ▼ −7.45% | ▼ −3.89% | $51.15 (+34.24%) |
|
Mar 17, 2026
12w ago
|
Press Release
| $37.50 $37.28 | ▼ −0.60% | ▲ +2.05% | $51.15 (+36.39%) |
|
Mar 9, 2026
13w ago
|
Press Release
| $38.47 $36.15 | ▼ −6.03% | ▼ −4.67% | $51.15 (+32.97%) |
|
Mar 4, 2026
14w ago
|
8-K
| $39.07 $37.23 | ▼ −4.70% | ▼ −2.47% | $51.15 (+30.93%) |
|
Mar 2, 2026
14w ago
|
Press Release
| $36.94 $38.47 | ▲ +4.12% | ▲ +5.33% | $51.15 (+38.46%) |
US Market Status
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