SL Green Realty Declares $0.2575 Monthly Dividend for Q3 2025

SL Green Realty Corp., Manhattan's largest office landlord, has declared a monthly ordinary dividend of $0.2575 per share of common stock, equivalent to an annualized dividend of $3.09 per share. The dividend is payable in cash on August 15, 2025, to shareholders of record at the close of business on July 31, 2025. The company owns interests in 53 buildings totaling 30.7 million square feet, including ownership interests in 27.2 million square feet of Manhattan buildings.

SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, has announced a significant dividend increase. The company declared a monthly ordinary dividend of $0.2575 per share of common stock, which equates to an annualized dividend of $3.09 per share. The dividend is payable in cash on August 15, 2025, to shareholders of record as of July 31, 2025 [2].

This dividend marks a substantial increase from previous payouts, positioning SL Green as a competitive dividend stock in the real estate investment trust (REIT) sector. As of June 30, 2025, SL Green held interests in 53 buildings totaling 30.7 million square feet, including ownership interests in 27.2 million square feet of Manhattan buildings [3].

The dividend announcement comes amidst a period of strong financial performance for the company. SL Green's focus on acquiring, managing, and maximizing the value of Manhattan commercial properties has driven its growth. The company's portfolio includes high-profile buildings in the heart of New York City, providing a stable and attractive income stream for investors.

While the dividend increase is a positive development, investors should also consider the forward-looking statements included in the press release. These statements highlight potential risks and uncertainties, including market conditions, occupancy rates, and future capital expenditures [2]. The company's reliance on debt financing, as evidenced by recent refinancing activities, may also impact its financial stability and future cash flows [4].

In conclusion, SL Green Realty Corp.'s dividend declaration is a notable event for investors seeking high-yield dividend stocks in the real estate sector. However, it is essential to consider the company's forward-looking statements and potential risks before making investment decisions.

References:
[1] https://www.streetinsider.com/Dividends/SL+Green+Realty+%28SLG%29+Declares+%240.2575+Quarterly+Dividend%3B+1.7%25+Yield/25078196.html
[2] https://www.stocktitan.net/news/SLG/sl-green-realty-corp-announces-common-stock-682z94asiatu.html
[3] https://www.marketscreener.com/news/sl-green-realty-corp-announces-common-stock-dividend-ce7c5cdcd08cf425
[4] https://www.nasdaq.com/articles/vornado-realty-trust-completes-450-million-refinancing-penn-11-office-building-manhattan