SL Green Realty Corp.
SLGReal Estate · Stock · monthly payer
Forward Yield
4.89%
Annual Dividend
$2.52
Payout Ratio
15375%
5-Yr Growth
-3.8%
Ex-Date
Jun 30, 2026
Frequency
Monthly
Summary
As of July 2026, SL Green Realty Corp. (SLG) yields 4.89% ($2.52 per share annually), with a blended fair-value estimate of $22.54 — -56% downside, so it screens as overvalued. Dividend safety grade: C (50/100). 1 years of dividend growth.
Is SLG a good dividend stock?
MixedSL Green Realty Corp. (SLG) pays a monthly dividend yielding 4.89% ($2.52/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2024
- Elevated payout ratio (15375%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.89%
- Payout Ratio
- 15375%
- Annual Dividend
- $2.52
- 5-Yr Avg Growth
- -3.8%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 1.57
- Market Cap
- $3.9B
- P/E Ratio
- —
- 5-Yr Total Return
- -29%
- 52-Week Range
- $34.77 – $66.29
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
SLG Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
+31%
5 Years
-29%
52-Week Range
$34.77 – $66.29
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SLG worth?
Overvaluedlow confidenceOur blended fair-value estimate for SL Green Realty Corp. is $22.54 per share, versus a market price of $51.54. That implies 56% of downside.
Fair Value
$22.54
Current Price
$51.54
Downside
-56%
Margin of Safety
-129%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 12.0% discount rate (CAPM), -3.8% stage-1 growth, 2.5% terminal growth, -$2.51 EPS, $2.52 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SLG Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $0.6180 | regular |
| Mar 31, 2026 | — | $0.6180 | regular |
| Nov 28, 2025 | — | $0.2580 | regular |
| Oct 31, 2025 | — | $0.2580 | regular |
| Sep 30, 2025 | — | $0.2580 | regular |
| Aug 29, 2025 | — | $0.2580 | regular |
| Jul 31, 2025 | — | $0.2580 | regular |
| Jun 30, 2025 | — | $0.2580 | regular |
| May 30, 2025 | — | $0.2580 | regular |
| Apr 30, 2025 | — | $0.2580 | regular |
| Mar 31, 2025 | — | $0.2580 | regular |
| Feb 28, 2025 | — | $0.2580 | regular |
| Jan 31, 2025 | — | $0.2580 | regular |
| Dec 31, 2024 | — | $0.2580 | regular |
Income Calculator
At $2.52 / yr per share
