Previous close | 42.58 |
Open | 42.04 |
Bid | 42.16 x 800 |
Ask | 42.69 x 800 |
Day's range | 41.62 - 42.69 |
52-week range | 19.06 - 44.65 |
Volume | |
Avg. volume | 1,867,310 |
Market cap | 2.75B |
Beta (5Y monthly) | 1.65 |
PE ratio (TTM) | N/A |
EPS (TTM) | -7.65 |
Earnings date | 23 Jan 2024 - 29 Jan 2024 |
Forward dividend & yield | 3.00 (7.06%) |
Ex-dividend date | 28 Dec 2023 |
1y target est | 35.31 |
With these recent leasing activities, SL Green Realty (SLG) continues to demonstrate its prowess in securing high-profile tenants and revitalizing prime office spaces.
SL Green (SLG) announces the sale of 625 Madison Avenue for $632.5 million. It also lowers its dividend payout by 7.7% to focus on retaining its cash flows amid a choppy United States office market.
NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG) Manhattan’s largest office landlord, today announced that, together with its partners, it has entered into a contract to sell the fee ownership interest in 625 Madison Avenue for a gross sale price of $632.5 million, or $1,123 per square foot, to a global real estate investor. In connection with the sale, SL Green and its partners will originate a $234.5 million preferred equity investment in the property. Net proceeds