SmarterDividends
SLG

SL Green Realty Corp.

SLG

Real Estate · Stock · monthly payer

Forward Yield

5.68%

Annual Dividend

$2.68

Payout Ratio

15375%

5-Yr Growth

-3.8%

Ex-Date

Mar 31, 2026

Frequency

Monthly

SLG Dividend Safety Score

50/ 100
Grade C

Borderline

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage15375% of earnings paid out
Balance-sheet strengthDebt/equity of 1.50
Yield vs its historyYield in line with its history

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

Is SLG a good dividend stock?

Mixed

SL Green Realty Corp. (SLG) pays a monthly dividend yielding 5.68% ($2.68/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
    5.68%
    Payout Ratio
    15375%
    Annual Dividend
    $2.68
    5-Yr Avg Growth
    -3.8%
    Ex-Dividend Date
    Mar 31, 2026
    Years of Growth
    1
    Frequency
    monthly
    Beta
    1.60
    Market Cap
    $3.6B
    P/E Ratio
    5-Yr Total Return
    -43%
    52-Week Range
    $34.77 – $66.91
    Dividend Safety
    C · 50/100
    Ever Cut?
    Yes (2024)
    SLG ex-dividend date & scheduleNext ex-date Mar 31, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $2.68 / yr per share

    Per payment (monthly)$22.33
    Annual$268.00
    Monthly avg$22.33