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Ex-Dividend Reminder: SL Green Realty, Realty Income and Apple Hospitality REIT

Looking at the universe of stocks we cover at Dividend Channel , on 12/31/18, SL Green Realty Corp (Symbol: SLG), Realty Income Corp (Symbol: O), and Apple Hospitality REIT Inc (Symbol: APLE) will all trade ex-dividend for their respective upcoming dividends. SL Green Realty Corp will pay its quarterly dividend of $0.85 on 1/15/19, Realty Income Corp will pay its monthly dividend of $0.221 on 1/15/19, and Apple Hospitality REIT Inc will pay its monthly dividend of $0.10 on 1/15/19. As a percentage of SLG's recent stock price of $78.80, this dividend works out to approximately 1.08%, so look for shares of SL Green Realty Corp to trade 1.08% lower - all else being equal - when SLG shares open for trading on 12/31/18. Similarly, investors should look for O to open 0.36% lower in price and for APLE to open 0.71% lower, all else being equal.

Below are dividend history charts for SLG, O, and APLE, showing historical dividends prior to the most recent ones declared.

SL Green Realty Corp (Symbol: SLG) :

SLG+Dividend+History+Chart

Realty Income Corp (Symbol: O) :

O+Dividend+History+Chart

Apple Hospitality REIT Inc (Symbol: APLE) :

APLE+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.31% for SL Green Realty Corp, 4.27% for Realty Income Corp, and 8.52% for Apple Hospitality REIT Inc.

In Thursday trading, SL Green Realty Corp shares are currently off about 2%, Realty Income Corp shares are off about 1.3%, and Apple Hospitality REIT Inc shares are off about 1.2% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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