01.12.2014 14:30:01
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SL Green Boosts Quarterly Dividend By 20% - Quick Facts
(RTTNews) - SL Green Realty Corp. (SLG) said that its board of directors increased the Company's quarterly dividend on its common stock and OP units by 20% resulting in a new annual dividend of $2.40 per share. In connection therewith, the board of directors declared the fourth quarter dividend of $0.60 per share of common stock. The dividend is payable on January 15, 2015 to shareholders of record at the close of business on January 2, 2015.
Further, the board of directors also declared the regular quarterly dividend on the company's Series I Preferred Stock for the period October 15, 2014 through and including January 14, 2015, of $0.40625 per share, which is the equivalent of an annualized dividend of $1.625 per share. The dividend will be payable January 15, 2015 to shareholders of record at the close of business on January 2, 2015.
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