SL Green Realty Corp.
S&P 500SLG/Real Estate · REIT - Office/NYSE
Dividend Yield
6.97%
$3.46 · Annual Dividend
Dividend Safety Rating
SLG's dividend shows several warning signs. Strengths include a 150.0 debt-to-equity & 43.0% gross margin. Areas of concern: 165.8% ffo payout ratio & 355.6% fcf payout ratio. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.
Based on 15 of 15 metrics
Strengths
- Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
- Dividend Cut: NoneNo dividend cut in recent history.
- Debt-to-Equity: 150.0Conservative debt level relative to equity.
Risks
- FFO Payout Ratio: 165.8%FFO leaves little margin to cover the dividend.
- FCF Payout Ratio: 355.6%Free cash flow is tight relative to the dividend.
- CFO Payout Ratio: 299.2%Operating cash flow leaves little room for the payout.
Payout & Coverage
DangerBalance Sheet
CautionProfitability
WarningDividend Track Record
CautionAbout SL Green Realty Corp.
SL Green Realty Corp. is a fully integrated real estate investment trust, or REIT, recognized as Manhattan's largest office landlord. It focuses primarily on acquiring, managing, and maximizing the value of Manhattan commercial properties, with a portfolio that includes dozens of buildings encompassing substantial square footage of office space in key locations such as Midtown Manhattan and Park Avenue. The company owns and operates these properties, leasing office space to a diverse range of tenants while maintaining occupancy and generating rental income. In addition to direct ownership, SL Green Realty Corp. engages in debt and preferred equity investments secured by commercial real estate, providing structured financing options backed by high-quality assets in New York City. This diversified approach combines property management, leasing, and real estate credit activities, all centered on the New York City commercial real estate market. Headquartered in New York, NY, the REIT plays a significant role in the office sector by offering exposure to premium Manhattan properties through its ownership and investment strategies.
Dividend Overview
Dividend Yield
6.97%
Annual Dividend
$3.46
Frequency
Monthly
Payout Ratio
15375.00%
FCF Payout Ratio
355.63%
52-Week Range
$34.77 - $66.29
Dividend History (2016–2025)
SLG annual dividend per share and yield history
Earnings & Profitability
SLG earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
June 30, 2026
Last Payment Date
April 15, 2026
Dividend Growth
3-Year Dividend CAGR
-8.39%
5-Year Dividend CAGR
-2.02%
10-Year Dividend CAGR
0.59%
3-Year Total Growth
-23.12%
5-Year Total Growth
-9.69%
10-Year Total Growth
6.02%
Income Calculator
Frequently Asked Questions
What is SLG's current dividend yield?
When is SLG's next dividend payment date?
How much does SLG pay in dividends per year?
Has SLG been increasing its dividend?
Is SLG's dividend safe?
How is SLG's Dividend Safety Rating calculated?
Want to understand how we rate dividend safety? Read our full methodology
Track SLG Dividends with OnlyDividends
What will SLG actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.
This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.