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SL Green Realty Corp. Dividends

SLG Stock Analysis

Page title

Section title

Dividend Yield
4.32%
Payout Ratio
87.43%
Dividend Amount Per Share
$3.10
Last Ex-Dividend Date
Aug 30, 2024

SLG Dividend Safety

SLG paid out 87.43% of its -$557M earnings as dividends over the last 12 months.

Somewhat Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

SLG's Dividend Payout Ratio of 87.43% is considered safe for the Real Estate sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

SLG's Interest Coverage Ratio of 1.182 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.

Income Quality

SLG demonstrates poor income quality with a ratio of -0.412. This indicates low-quality earnings and high risk of dividend cuts.

SLG Dividend Growth

SL Green Realty Corp.(SLG) offers a dividend yield of 4.32% and pays $3.10 in dividends per share. Explore the historical dividend growth of SLG.

Dividend Stability

SLG has shown inconsistent dividend payments over the past 10 years with 3 cuts over 5%.

Dividend Growth

SLG's dividend payments have shown very poor growth, shrinking by -22.643% over the last 5 years.

Earnings Growth

SLG's earnings have shown very poor growth, shrinking by -108.925% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

SLG Dividend Yield Attractiveness

SL Green Realty Corp.(SLG) provides a dividend yield of 4.32%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

SLG

Industry

Peers

Sector

4.32%

5.47%

5.84%

6.33%

Dividend Yield

SLG's dividend yield of 4.32% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.

SLG Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by SL Green Realty Corp.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.

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