SL Green Realty Keeps Dividend Steady
Sep 17th 2013 10:36AM
Updated Sep 17th 2013 10:38AM
SL Green Realty plans to pay a dividend of $0.33 per share to investors this quarter.
The amount will be payable on Oct. 15 to shareholders of record as of Sept. 30, and the company has paid this amount since January 2013, after boosting its payout by 32%, from $0.25 per share.
Additionally, SL Green will be paying a regular dividend on Series I Preferred stock of $0.40625 per share, or an annualized $1.625. The latest amount will be payable on the same date as its common stock dividend.
Annualized, SL Green's common stock dividend payout adds to $1.32. The real estate company had a stock price of $90.82 as of the market's close on Sept. 16, which means SL Green's current dividend yields 1.4%.
The article SL Green Realty Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.