SL Green RealtyNYSE: SLG

SL Green (SLG) is likely to benefit from healthy demand for premier office properties and a solid tenant base despite an elevated supply of office spaces and high interest rates.

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock, which is the equivalent of an annualized dividend of $3.00 per share. The dividend is payable in cash on July 15, 2024 to shareholders of record at the close of business on June 28, 2024.

Landlord giant SL Green Realty Corp. expects to raise more than its initial $1 billion target for a new war chest aimed at distressed New York commercial real estate, and plans to begin deploying it this year.

SL Green (SLG) is likely to benefit from healthy demand for premier office properties and a solid tenant base despite an elevated supply of office spaces and high interest rates.

NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that Harrison Sitomer, Chief Investment Officer, Matt DiLiberto, Chief Financial Officer, and Steve Durels, EVP, Director of Leasing and Real Property, will participate in a moderated Company presentation at Nareit's 2024 REITweek on Tuesday, June 4, 2024 at 10:15 AM ET. The Company presentation will be webcast.

Healthy demand for premier office properties and a solid tenant base bode well for SL Green (SLG). However, an elevated supply of office spaces and high interest rates are concerning.

NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock, which is the equivalent of an annualized dividend of $3.00 per share. The dividend is payable in cash on June 17, 2024 to shareholders of record at the close of business on May 31, 2024.

Can SL Green (SLG) be a top choice for momentum investors? Let's see.

SL Green Realty chairman and CEO Marc Holliday appears on 'Squawk Box' to talk about the current commercial real estate market, the effects of employees coming back to the office, demand for office space, the consequences of higher interest rates, and other related topics.