SL Green Realty Corporation (NYSE:SLG) Updates On Dividend Release Date


On 2016-07-26, SL Green Realty Corporation (NYSE:SLG) confirmed the dividend disbursement of $0.72 a share to shareholders as on record 2016-06-30. The firm will release dividend on 2016-07-15 while ex-dividend date is reported to be 2016-06-28.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, SL Green Realty Corporation (NYSE:SLG) paid a total of $0.72 per share in dividends. This figure stood at $0.72 a share in the same period a year ago indicating a deviation of 20%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $125.2 on the stock. This figure is the average of recommendations offered by 10 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $131 and $107, respectively.

Taking the mathematical rating formula, the price for SL Green Realty Corporation (NYSE:SLG) stands at 1.81. Earnings Review SL Green Realty Corporation (NYSE:SLG) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $1.52.

Coming to the quarter ending on 2015-12-31, SL Green Realty Corporation (NYSE:SLG) recorded EPS of $3.41. The reported numbers came lower than the analysts’ estimates of $3.18, demonstrating a miss of $0.23 as against reported figures.

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