On 9/28/15, SL Green Realty Corp.'s 6.50% Series I Cumulative Redeemable Preferred Stock (Symbol: SLG.PRI) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 10/15/15. As a percentage of SLG.PRI's recent share price of $25.10, this dividend works out to approximately 1.62%, so look for shares of SLG.PRI to trade 1.62% lower - all else being equal - when SLG.PRI shares open for trading on 9/28/15. On an annualized basis, the current yield is approximately 6.46%, which compares to an average yield of 7.11% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of SLG.PRI shares, versus SLG:
Below is a dividend history chart for SLG.PRI, showing historical dividends prior to the most recent $0.4062 on SL Green Realty Corp.'s 6.50% Series I Cumulative Redeemable Preferred Stock:
According to the ETF Finder at ETF Channel, SL Green Realty Corp. (Symbol: SLG) makes up 4.10% of the Guggenheim S&P 500 Equal Weight Real Estate ETF ( EWRE ) which is trading relatively unchanged on the day Thursday.
In Thursday trading, SL Green Realty Corp.'s 6.50% Series I Cumulative Redeemable Preferred Stock (Symbol: SLG.PRI) is currently down about 0.3% on the day, while the common shares (Symbol: SLG) are off about 1.1%.