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. About SL Green Realty Corp. SL Green Realty Corp., Manhattan's largest office
Does SL Green (SLG) have what it takes to be a top stock pick for momentum investors? Let's find out.