SL Green Realty Dividends and Buybacks
Dividend criteria checks 4/6
SL Green Realty is a dividend paying company with a current yield of 3.86% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
3.9%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 11.3% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$3.000 |
| 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 04SL Green: A Covered 10.2% Yield Being Reviewed, Huge 50% Discount To Book
Oct 27SL Green: NYC Office Landlord Survived The March Scare - What's Next
Sep 09SL Green: High Dividend And Margin Of Safety To Own A Piece Of NYC
Aug 24SL Green's Fat Yield Is Safe, Commons Trading For 61 Cents On The Dollar
Aug 07Upcoming 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) | 3.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Office REITs) | 4.5% |
| Analyst forecast (SLG) (up to 3 years) | 3.7% |
Notable Dividend: SLG's dividend (3.86%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: SLG's dividend (3.86%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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 (164.6%), SLG's dividend payments are not well covered by cash flows.