SL Green Realty Corp(NYSE:SLG) Declares Dividend of $0.7200.

SL Green Realty Corp (NYSE:SLG) had declared a cash dividend of $0.7200 on Sep 16, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 16, 2016 share price, the yield comes out to be 2.6035%. The dividend payable date has been fixed on Oct 17, 2016.

In a different note, BTIG Research said it Initiates Coverage on SL Green Realty Corp, according to a research note issued on Aug 25, 2016. The shares have been rated ‘Neutral’ by the firm. On Aug 23, 2016, Jefferies said it Maintains its rating on SL Green Realty Corp. In the research note, the firm Lowers the price-target to $133.00 per share. The shares have been rated ‘Buy’ by the firm. On Aug 15, 2016, Evercore ISI Group said it Downgrades its rating on SL Green Realty Corp. The shares have been rated ‘Hold’ by the firm. On Aug 15, 2016, Stifel Nicolaus said it Maintains its rating on SL Green Realty Corp. In the research note, the firm Raises the price-target to $121.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 25, 2016, Morgan Stanley said it Upgrades its rating on SL Green Realty Corp. The shares have been rated ‘Overweight’ by the firm. On Jul 25, 2016, Stifel Nicolaus said it Maintains its rating on SL Green Realty Corp. In the research note, the firm Raises the price-target to $117.00 per share. The shares have been rated ‘Buy’ by the firm.

SL Green Realty Corp (SLG) made into the market gainers list on Thursdays trading session with the shares advancing 1.36% or 1.53 points. Due to strong positive momentum, the stock ended at $113.68, which is also near the day’s high of $114.04. The stock began the session at $112.98 and the volume stood at 6,79,088 shares. The 52-week high of the shares is $121.94 and the 52 week low is $80.12. The company has a current market capitalization of $11,404 M and it has 10,03,19,785 shares in outstanding.

SL Green Realty Corp(SLG) last announced its earnings results on Jul 20, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $416.89M. Analysts had an estimated revenue of $342.64M. Earnings per share were $3.41. Analysts had estimated an EPS of $3.03.

Several Insider Transactions has been reported to the SEC. On Aug 1, 2016, Marc Holliday (CEO) purchased 37,340 shares at $26.92 per share price.Also, On Aug 1, 2016, Edwin T Iii Burton (director) sold 300 shares at $116.50 per share price.On Jul 27, 2016, Craig M Hatkoff (director) sold 20,500 shares at $115.41 per share price, according to the Form-4 filing with the securities and exchange commission.

SL Green Realty Corp. is a self-managed real estate investment trust or REIT with in-house capabilities in property management acquisitions and dispositions financing development and redevelopment construction and leasing. It operates two segments: real estate and debt and preferred equity investments. The Company owns interests in commercial office properties in the New York Metropolitan area primarily in midtown Manhattan. The Company also manages an approximately 336201 square foot office building owned by a third party and held debt and preferred equity investments with a book value of approximately $1.4 billion. The Company also invests in well-collateralized debt and preferred equity investments.

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