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 Jun 16, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed for Jun 30, 2016. On Jun 16, 2016 share price, the yield comes out to be 2.8840%. The dividend payable date has been fixed on Jul 15, 2016.

In a different note, On May 20, 2016, UBS said it Maintains its rating on SL Green Realty Corp. In the research note, the firm Lowers the price-target to $117.00 per share. The shares have been rated ‘Buy’ by the firm. On May 19, 2016, JP Morgan said it Maintains its rating on SL Green Realty Corp. In the research note, the firm Raises the price-target to $119.00 per share. The shares have been rated ‘Overweight’ by the firm. On Mar 21, 2016, Evercore ISI Group said it Upgrades its rating on SL Green Realty Corp. The shares have been rated ‘Buy’ by the firm.

SL Green Realty Corp (SLG) shares turned negative on Tuesdays trading session with the shares closing down -0.06 points or -0.06% at a volume of 5,46,267. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $102.59. The peak price level was also seen at $102.59 while the days lowest was $100.64. Finally the shares closed at $102.19. The 52-week high of the shares is $121.94 while the 52-week low is $80.12. According to the latest information available, the market cap of the company is $10,243 M.

SL Green Realty Corp(SLG) last announced its earnings results on Apr 20, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $345.61M. Analysts had an estimated revenue of $331.19M. Earnings per share were $1.85. Analysts had estimated an EPS of $1.65.

Several Insider Transactions has been reported to the SEC. On Apr 27, 2016, John S Levy (director) sold 12,000 shares at $105.39 per share price.Also, On Apr 27, 2016, Andrew S Levine (Chief Legal Officer & GC) sold 38,000 shares at $105.93 per share price.On Feb 26, 2016, Craig M Hatkoff (director) sold 2,950 shares at $88.36 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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