GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SL Green Realty Corp (NYSE:SLG) » Definitions » Forward Dividend Yield %

SL Green Realty (SL Green Realty) Forward Dividend Yield % : 5.93% (As of Apr. 27, 2024)


View and export this data going back to 1997. Start your Free Trial

What is SL Green Realty Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of SL Green Realty is 5.93%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of SL Green Realty is 6.26%.

SLG's Forward Dividend Yield % is ranked worse than
64.5% of 831 companies
in the REITs industry
Industry Median: 7.41 vs SLG: 5.93

SL Green Realty's Dividends per Share for the three months ended in Dec. 2023 was $0.79.

During the past 12 months, SL Green Realty's average Dividends Per Share Growth Rate was -12.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SL Green Realty was 56.30% per year. The lowest was -48.30% per year. And the median was 8.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of SL Green Realty's Forward Dividend Yield %

For the REIT - Office subindustry, SL Green Realty's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SL Green Realty's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SL Green Realty's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where SL Green Realty's Forward Dividend Yield % falls into.



SL Green Realty Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

SL Green Realty Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-03-272024-03-292024-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2502024-02-282024-02-292024-03-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2502024-01-302024-01-312024-02-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2502023-12-282023-12-292024-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.2712023-11-292023-11-302023-12-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2712023-10-302023-10-312023-11-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2712023-09-282023-09-292023-10-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.2712023-08-302023-08-312023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2712023-07-282023-07-312023-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2712023-06-292023-06-302023-07-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.2712023-05-302023-05-312023-06-15Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

SL Green Realty's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3/50.61
=5.93 %

Current Share Price is $50.61.
SL Green Realty's Dividends per Share for the forward twelve months is calculated as $0.25 * 12 = $3.

SL Green Realty's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.897/50.61
=5.72 %

Current Share Price is $50.61.
SL Green Realty's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.897.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SL Green Realty  (NYSE:SLG) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


SL Green Realty Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of SL Green Realty's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


SL Green Realty (SL Green Realty) Business Description

Address
One Vanderbilt Avenue, New York, NY, USA, 10017
SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 35 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.
Executives
Andrew W Mathias director, officer: President
Burton Edwin T Iii director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Betsy S Atkins director
Craig M Hatkoff director ONE WEST 72ND STREET, NEWYORK NY 10023
Carol N Brown director SL GREEN REALTY CORP., ONE VANDERBILT AVENUE, NEW YORK NY 10017
Matthew J. Diliberto officer: Chief Financial Officer SL GREEN REALTY CORP., 420 LEXINGTON AVENUE, NEW YORK NY 10179
Andrew S Levine officer: Chief Legal Officer & GC C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Alschuler John H Jr director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Stephen L Green officer: Chairman of the Board C/O SL GREEN REALITY CORP, 420 LEXINGTON AVE SUITE 1900, NEW YORK NY 10170
Marc Holliday director, officer: Chief Executive Officer C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
John S Levy director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Lauren B. Dillard director SL GREEN REALTY CORP., 420 LEXINGTON AVENUE, NEW YORK NY 10170
James E Mead officer: Chief Financial Officer C/O STRATEGIC HOTEL CAPITAL, INC., 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Gregory F Hughes officer: Chief Financial Officer
Gerry Nocera officer: Executive Vice President C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170