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SL Green Realty Corp. (NYSE:SLG) is a real estate investment trust that owns, manages, and develops commercial properties, primarily office buildings in the New York metropolitan area.
The 52-week range of SL Green Realty stock price was $45.15 to $82.81.
SL Green Realty’s dividend yield is 5.88%. It paid $3.09 per share in dividends during the last 12 months.
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The company on Oct. 15 announced its Q3 2025 earnings, posting FFO of $1.58, beating the consensus estimate of $1.50, while revenues of $149.67 million came in below the consensus of $159.28 million, as reported by Benzinga.
Manhattan same-store office occupancy increased to 92.4% as of Sept. 30, inclusive of leases signed but not yet commenced. The company expects to increase Manhattan same-store office occupancy to 93.2% by Dec. 31.
Check out this article by Benzinga for eight analysts’ insights on SL Green Realty.
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If you want to make $100 per month — $1,200 annually — from SL Green Realty dividends, your investment value needs to be approximately $20,408, which is around 388 shares at $52.59 each.
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (5.88% in this case). So, $1,200 / 0.0588 = $20,408 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).
In summary, income-focused investors may find SL Green Realty stock an attractive option for making a steady income of $100 per month by owning 388 shares of stock.
