SL Green Realty stock: dividend
SLGSL Green Realty paid $2.11 per share over the last twelve months, 4.33% on the price, and has not cut its dividend for 2 years.
Daily figure as of 13 Nov 2026
The amounts for the last 12 months and paid in fiscal 2025 differ if the company has raised or cut its dividend since then.
For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings. The ratio above is therefore based on free cash flow.
For real estate companies (REITs), depreciation on buildings depresses earnings even though buildings rarely lose value. The usual measure is therefore FFO (funds from operations), approximated here as earnings plus depreciation; gains and losses from property sales and impairments are not removed. Measured on earnings, the payout ratio, P/E and PEG therefore look higher than the earning power warrants. We only show FFO when depreciation is material and the figure is in line with operating cash flow, so not for REITs that carry their properties at market value: their earnings include the change in property values. For the fair value of US REITs, by contrast, FFO follows the industry rule from the filings with the SEC: gains on property sales are deducted there where the company reports them in the standard items.
Dividend dates and payments
Anyone holding the stock on the day before the ex-dividend date receives the dividend. Amounts are per share, before tax.
Last cut: with the ex-dividend date 28 Dec 2023, the payment fell from $0.2708 to $0.2500 per share.
All 52 payments of the last five years
| Ex-dividend date | Payment date | Dividend per share |
|---|---|---|
| 30 Sep 2026 | 15 Oct 2026 | $0.6175 |
| 30 Jun 2026 | 15 Jul 2026 | $0.6175 |
| 31 Mar 2026 | 15 Apr 2026 | $0.6175 |
| 28 Nov 2025 | 15 Dec 2025 | $0.2575 |
| 31 Oct 2025 | 17 Nov 2025 | $0.2575 |
| 30 Sep 2025 | 15 Oct 2025 | $0.2575 |
| 29 Aug 2025 | 15 Sep 2025 | $0.2575 |
| 31 Jul 2025 | 15 Aug 2025 | $0.2575 |
| 30 Jun 2025 | 15 Jul 2025 | $0.2575 |
| 30 May 2025 | 16 Jun 2025 | $0.2575 |
| 30 Apr 2025 | 15 May 2025 | $0.2575 |
| 31 Mar 2025 | 15 Apr 2025 | $0.2575 |
| 28 Feb 2025 | 17 Mar 2025 | $0.2575 |
| 31 Jan 2025 | 18 Feb 2025 | $0.2575 |
| 31 Dec 2024 | 15 Jan 2025 | $0.2575 |
| 29 Nov 2024 | 16 Dec 2024 | $0.2500 |
| 31 Oct 2024 | 15 Nov 2024 | $0.2500 |
| 30 Sep 2024 | 15 Oct 2024 | $0.2500 |
| 30 Aug 2024 | 16 Sep 2024 | $0.2500 |
| 31 Jul 2024 | 15 Aug 2024 | $0.2500 |
| 28 Jun 2024 | 15 Jul 2024 | $0.2500 |
| 31 May 2024 | 17 Jun 2024 | $0.2500 |
| 29 Apr 2024 | 15 May 2024 | $0.2500 |
| 27 Mar 2024 | 15 Apr 2024 | $0.2500 |
| 28 Feb 2024 | 15 Mar 2024 | $0.2500 |
| 30 Jan 2024 | 15 Feb 2024 | $0.2500 |
| 28 Dec 2023 | 16 Jan 2024 | $0.2500 |
| 29 Nov 2023 | 15 Dec 2023 | $0.2708 |
| 30 Oct 2023 | 15 Nov 2023 | $0.2708 |
| 28 Sep 2023 | 16 Oct 2023 | $0.2708 |
| 30 Aug 2023 | 15 Sep 2023 | $0.2708 |
| 28 Jul 2023 | 15 Aug 2023 | $0.2708 |
| 29 Jun 2023 | 17 Jul 2023 | $0.2708 |
| 30 May 2023 | 15 Jun 2023 | $0.2708 |
| 27 Apr 2023 | 15 May 2023 | $0.2708 |
| 30 Mar 2023 | 17 Apr 2023 | $0.2708 |
| 27 Feb 2023 | 15 Mar 2023 | $0.2708 |
| 30 Jan 2023 | 15 Feb 2023 | $0.2708 |
| 29 Dec 2022 | 17 Jan 2023 | $0.2708 |
| 29 Nov 2022 | 15 Dec 2022 | $0.3108 |
| 28 Oct 2022 | 15 Nov 2022 | $0.3108 |
| 29 Sep 2022 | 17 Oct 2022 | $0.3108 |
| 30 Aug 2022 | 15 Sep 2022 | $0.3108 |
| 28 Jul 2022 | 15 Aug 2022 | $0.3108 |
| 29 Jun 2022 | 15 Jul 2022 | $0.3108 |
| 27 May 2022 | 15 Jun 2022 | $0.3108 |
| 28 Apr 2022 | 16 May 2022 | $0.3108 |
| 30 Mar 2022 | 18 Apr 2022 | $0.3108 |
| 25 Feb 2022 | 15 Mar 2022 | $0.3108 |
| 28 Jan 2022 | 15 Feb 2022 | $0.3108 |
| 14 Dec 2021 | 18 Jan 2022 | $2.8342 |
| 29 Nov 2021 | 15 Dec 2021 | $0.3124 |
Is today's dividend yield unusually high?
Dividend yield today
4.33%
lower than in recent years$2.11 dividend per share over the last twelve months on a price of $48.74
Today 4.33%, on average over fiscal years 2016 to 2025 5.11% (range 2.83 to 12.16%).
The yield is below the average of recent fiscal years.
Since the end of fiscal 2025 on 31 Dec 2025, the dividend has fallen and the price has risen, so the yield has fallen, mainly because of the dividend.
- Fiscal year
- Today, last 12 months
For each fiscal year, the dividend per share for that year divided by the closing price on the last trading day of the fiscal year. The dashed line is the average (median) of the fiscal years.
Dividend development
Dividend per share
Payout ratio
- of earnings
- of free cash flow
Figures as a table
| Year | Dividend per share | Earnings per share | FFO per share |
|---|---|---|---|
| 2006 | $2.73 | $4.63 | $6.95 |
| 2007 | $3.30 | $11.22 | no data |
| 2008 | $3.46 | $6.92 | $10.41 |
| 2009 | $1.12 | $0.56 | $4.19 |
| 2010 | $0.78 | $3.57 | $7.13 |
| 2011 | $0.78 | $7.59 | no data |
| 2012 | $1.40 | $0.00 | $5.41 |
| 2013 | $1.62 | $0.66 | $5.42 |
| 2014 | $2.22 | $3.45 | $9.89 |
| 2015 | $2.67 | $2.79 | $9.11 |
| 2016 | $3.23 | $2.42 | $11.37 |
| 2017 | $3.50 | $0.91 | $5.57 |
| 2018 | $3.39 | $2.75 | $5.93 |
| 2019 | $3.67 | $3.19 | $6.77 |
| 2020 | $4.04 | $4.88 | $9.69 |
| 2021 | $3.89 | $6.57 | no data |
| 2022 | $4.10 | −$1.49 | no data |
| 2023 | $3.62 | −$9.12 | no data |
| 2024 | $3.36 | $0.08 | $3.63 |
| 2025 | $3.75 | −$1.61 | $2.25 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 30 Nov 2022)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.