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SL Green Realty (SL Green Realty) Dividend Yield % : 7.29% (As of Apr. 25, 2024)


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What is SL Green Realty Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of SL Green Realty is 7.29%.

Warning Sign:

SL Green Realty Corp stock dividend yield is close to 1-year low.

The historical rank and industry rank for SL Green Realty's Dividend Yield % or its related term are showing as below:

SLGpI.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 1.26   Med: 3.47   Max: 17.99
Current: 7.29

During the past 13 years, the highest Dividend Yield of SL Green Realty was 17.99%. The lowest was 1.26%. And the median was 3.47%.

SLGpI.PFD's Dividend Yield % is ranked worse than
60.77% of 836 companies
in the REITs industry
Industry Median: 7.08 vs SLGpI.PFD: 7.29

SL Green Realty's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of SL Green Realty was 17.88. The lowest was 0.92. And the median was 2.00.

As of today (2024-04-25), the Forward Dividend Yield % of SL Green Realty is 7.29%.

SL Green Realty's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

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.


SL Green Realty Dividend Yield % Historical Data

The historical data trend for SL Green Realty's Dividend Yield % can be seen below:

* 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.

* Premium members only.

SL Green Realty Dividend Yield % Chart

SL Green Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
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SL Green Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of SL Green Realty's Dividend Yield %

For the REIT - Office subindustry, SL Green Realty's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the REITs Industry

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

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



SL Green Realty 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 0.4062024-03-272024-03-292024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4062023-12-282023-12-292024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4062023-09-282023-09-292023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4062023-06-292023-06-302023-07-17Cash DividendquarterlyUSD: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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.624/22.30
=7.28 %

Current Share Price is $22.30.
SL Green Realty's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.624.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.624/22.30
=7.28 %

Current Share Price is $22.30.
SL Green Realty's Dividends per Share for the forward twelve months is calculated as $0.406 * 4 = $1.624.

* 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:SLGpI.PFD) 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 Dividend Yield % Related Terms

Thank you for viewing the detailed overview of SL Green Realty's 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

Traded in Other Exchanges
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.