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SL Green Realty's Series I Preferred Stock Shares Cross 7.5% Yield Mark

SLG
Interest Rates & YieldsCapital Returns (Dividends / Buybacks)Company FundamentalsHousing & Real Estate

SL Green Realty's 6.50% Series I cumulative redeemable preferred stock was yielding above 7.5% on Thursday, based on an annualized dividend of $1.625 and a low trade of $21.56. The piece is largely factual and highlights the stock's current yield rather than any new company-specific catalyst.

Analysis

SL Green Realty's 6.50% Series I cumulative redeemable preferred stock was yielding above 7.5% on Thursday, based on an annualized dividend of $1.625 and a low trade of $21.56. The piece is largely factual and highlights the stock's current yield rather than any new company-specific catalyst.

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