SL Green Realty: Dividend Insights
Portfolio Pulse from Benzinga Insights
SL Green Realty (NYSE:SLG) has announced a monthly dividend of 27.08 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on December 15, 2023. The stock is expected to open 27.08 cents lower on the ex-dividend date to reflect the payout.
November 24, 2023 | 2:45 pm
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SL Green Realty will pay a monthly dividend of 27.08 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock price of SL Green Realty is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence and is typically priced in by investors.
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