Tuesday Is Your Last Chance To Buy SL Green Realty Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
SL Green Realty (NYSE:SLG) announced a monthly dividend of 25 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the payout, which will be distributed on March 15, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.
February 23, 2024 | 2:45 pm
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SL Green Realty announces a monthly dividend of 25 cents per share, with an ex-dividend date this Wednesday. Eligible shareholders must own the stock by Tuesday.
The stock is expected to open 25 cents lower on the ex-dividend date, reflecting the dividend payout. This anticipated decrease in stock price is a direct consequence of the dividend payout mechanism, where the stock price adjusts to account for the cash outflow.
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