|Bid||82.05 x 800|
|Ask||83.18 x 800|
|Day's Range||81.88 - 85.01|
|52 Week Range||41.68 - 85.65|
|Beta (5Y Monthly)||1.64|
|PE Ratio (TTM)||24.57|
|Earnings Date||Jul 20, 2021 - Jul 26, 2021|
|Forward Dividend & Yield||3.64 (4.27%)|
|Ex-Dividend Date||May 28, 2021|
|1y Target Est||75.44|
SL Green's (SLG) signing of new and expansion leases at One Vanderbilt Avenue brings the property to 89% leased.
Trophy Office Tower Now 89% LeasedNEW YORK, June 07, 2021 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced the signing of three leases at One Vanderbilt Avenue, the skyline-defining tower in the heart of East Midtown, that brings the building to 89% leased. A new 97,652-square-foot, 15-year lease covering floors 63-66 was signed with one tenant. TD Securities signed a 24,020-square-foot, 20-year lease expansion covering a portion of the
Real estate investment trusts (REITs) can be seen as plain vanilla stocks compared with the latest go-go issues of the day -- or decade -- but they do provide a certain comfort in the form of dividend payouts. After all, as the SEC says, “To qualify as a REIT, a company must have the bulk of its assets and income connected to real estate investment and must distribute at least 90% of its taxable income to shareholders annually in the form of dividends.” Of course, the pandemic wreaked havoc on many a REIT’s portfolio, prompting dividend cuts and suspensions among more than a few, but with recovery underway, now’s a good time and June is a good month to consider showing them some investment love.