|Bid||60.41 x 800|
|Ask||60.47 x 1000|
|Day's Range||59.50 - 61.27|
|52 Week Range||35.16 - 96.39|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||23.05|
|Earnings Date||Jan 20, 2021 - Jan 25, 2021|
|Forward Dividend & Yield||3.54 (5.85%)|
|Ex-Dividend Date||Nov 27, 2020|
|1y Target Est||58.20|
Office building owners have been under pressure this year due to the impact the COVID-19 outbreak has had on the sector. Many companies easily adapted to working remotely thanks to the rapid adoption of communication tools like Zoom (NASDAQ: ZM) and Slack (NYSE: WORK). While most office REITs firmly believe that their tenants will return to the office as they had in the past once the outbreak is over, the current wave of new cases is causing more office workers to stay home, according to recent data.
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that its board of directors has declared a monthly dividend of $0.295 per share of common stock. The dividend is payable on December 15, 2020 to shareholders of record at the close of business on November 30, 2020.
SL Green's (SLG) $1.25-billion construction term loan for the redevelopment of One Madison Avenue is the largest such aid in New York City this year. It also commences construction at the project.