SL Green Realty Dividends and Buybacks
Dividend criteria checks 4/6
SL Green Realty is a dividend paying company with a current yield of 4.42% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
4.4%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 10.6% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$3.008 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
SL Green: Solid Q3 Results Reduce Melting Ice Cube Fears (Rating Upgrade)
Oct 17SL Green: Upside Now Relies On Sustained Execution (Rating Downgrade)
Sep 20SL Green Realty: Significantly Overvalued
Jul 27SL Green Realty: Still A Buy Despite Recent Run
Jul 09SL Green Realty Stock: 3 Key Takeaways From First Quarter Earnings
Apr 18So What If SL Green Cut Its Dividend Again
Feb 26SL Green: The Common Seems Better Than The Preferred
Jan 23SL Green: More Green Shoots, Still Many Questions
Jan 08SL Green: A Positive Investor Day Should Not Outweigh Long-Term Challenges
Dec 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SLG's dividends per share have been stable in the past 10 years.
Growing Dividend: SLG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| SL Green Realty Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SLG) | 4.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Office REITs) | 4.7% |
| Analyst forecast (SLG) (up to 3 years) | 4.5% |
Notable Dividend: SLG's dividend (4.42%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SLG's dividend (4.42%) is low compared to the top 25% of dividend payers in the US market (4.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.3%), SLG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (189%), SLG's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SL Green Realty Corp. is covered by 42 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| David Rodgers | Baird |
| Ross Smotrich | Barclays |