SLG Stock — SL Green Realty Corp.

SL Green Realty Corp. (SLG)

Updated October 16, 2026.

SLG is a Stock. its distribution rate is 5.04%, its trailing-12-month yield is 5.04%. Dividend Vision Distribution Safety Score™ is 34/100 (Elevated risk). Total return is 546.4% over the past 29.2 years, 756.9 points behind SPY at 1303.3%.

SL Green Realty Corp. is Manhattan's largest office landlord and a fully integrated real estate investment trust focused on acquiring, managing, and maximizing the value of Manhattan commercial properties; as of mid-2026, it held interests in 54 buildings totaling approximately 30.6 million square feet. The REIT currently distributes monthly and carries a modest current distribution rate; note that its latest distribution was special or one-time in nature and may not recur at the same level. This security appeals to income investors seeking exposure to Manhattan commercial real estate.

SLG performance versus SPY

Price and return data through 2026-10-16.

Total return is 546.4% over the past 29.2 years, 756.9 points behind SPY at 1303.3%. Over the past year its total return — price change plus distributions reinvested — is -8.0%. Its deepest 1-year drawdown was 33.7%.

SLG key facts

Distribution Safety Score™

34 · Elevated risk

Safety-Adjusted Yield

1.71%

Asset type

Stock

Asset class

Equity

Inception date

08/15/1997

Distribution rate

5.04%

Distribution frequency

Monthly

Trailing yield

5.04%

5-year average yield

6.11

Last close

$47.00 (stale; as of 2026-10-16)

Market cap

$3,329,945,629

Average volume

909500.0

Dividend

$0.618

Ex-dividend date

09/30/2026

Payment date

10/15/2026

Beta

1.658

Payout ratio

0.0%

Forward P/E

67.1141

EPS

$-2.73

How Dividend Vision calculates yield and returns

Distribution rate (5.04%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.04%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SLG risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 33.7%.

Who may consider SLG — and who may not

SLG may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on SLG

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Tagged: Real Estate, Dividend.

Frequently asked questions