SL Green Stock To Go Ex-dividend Tomorrow (SLG)

NEW YORK ( TheStreet) -- The ex-dividend date for SL Green Realty Corporation (NYSE: SLG) is tomorrow, December 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $92.86 as of 9:50 a.m. ET, the dividend yield is 2.2%.

The average volume for SL Green has been 691,100 shares per day over the past 30 days. SL Green has a market cap of $8.55 billion and is part of the financial sector and real estate industry. Shares are up 20.9% year to date as of the close of trading on Tuesday.

SL Green Realty Corp. is a real estate investment trust (REIT). The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It also provides tenant services to its clients. The firm invests in real estate markets of the United States.

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TheStreet Ratings rates SL Green as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share. You can view the full SL Green Ratings Report.

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