SL Green Realty Corp. (NYSE:SLG) today reported that its board of
directors has declared the quarterly dividend of $0.50 per share of
common stock. The dividend is payable on April 15, 2014 to shareholders
of record at the close of business on March 31, 2014.
The board of directors also declared the regular quarterly dividend on
the company's Series I Preferred Stock for the period January 15, 2014
through and including April 14, 2014, of $0.40625 per share, which is
the equivalent of an annualized dividend of $1.625 per share. The
dividend will be payable April 15, 2014 to shareholders of record at the
close of business on March 31, 2014.
About SL Green Realty Corp.
SL Green Realty Corp., New York City's largest office landlord, is
the only fully integrated real estate investment trust, or REIT, that is
focused primarily on acquiring, managing and maximizing value of
Manhattan commercial properties. As of December 31, 2013, SL Green owned
interests in 92 Manhattan buildings totaling 44.4 million square feet.
This included ownership interests in 27.8 million square feet of
commercial buildings and debt and preferred equity investments secured
by 16.6 million square feet of buildings. In addition to its Manhattan
investments, SL Green holds ownership interests in 31 suburban buildings
totaling 5.4 million square feet in Brooklyn, Long Island, Westchester
County, Connecticut and New Jersey, along with three development
buildings in the suburbs encompassing approximately 0.4 million square
feet. The Company also has ownership interests in 28 properties
encompassing 52 buildings totaling 3.7 million square feet in southern
California.
Copyright Business Wire 2014